Answer Happy

26. The two types of capital budgeting projects are: a. independent projects and mutually exclusive projects b. independent projects and joint projects c. Joint projects and mutually inclusive projects d. independent projects and mutually inclusive projects 27. The basic capital investment decision models can be classified into two major categories: a. Non-discounting models and joint models b. Discounting models and Integrated models c. Non-discounting models and discounting models d. None of the above is correct 28. Suppose that a new car wash facility requires an investment of $100,000 and has even cash flows of $50,000 per year. What is the payback period? a. 5 years b. 3 years c. 2 years d. 4 years