1) Which of the following statements is correct? - Incremental net operating profits after-tax should include sunk costs

[answerhappygod]

1) Which of the following statements is correct?
- Incremental net operating profits after-tax should include sunk costs associated with a project.
- Incremental net operating profits after-tax should include the effects of financing costs associated with a
project.
- Incremental net operating profits after-tax should exclude the effects of depreciation costs associated with a
project.
- Incremental net operating profits after-tax should exclude the effects of financing costs associated with a
project.
2) which of the following is the most common reason that M&A is often failed to meet expectations?
- Overpayment
- Form of payment
- Large size of target firm
- Inadequate post-merger due diligence
- Poor post-merger communication
3) In order for a project to generate a positive net working capital cash flow at the end of its useful
life, the project:
- must have generated a cumulative negative cash flow during the life of the project.
- must have generated a cumulative positive cash flow during the life of the project.
- must have generated a cumulative negative cash flow at the conclusion of the project.
- could not have generated a positive cash flow at the opening of the project.