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Grading Summary These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. | Date Taken: | 10/14/2013 | Time Spent: | 03 min , 40 secs | Points Received: | 18 / 30 (60%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 5 | 3 | | |

Grade Details - All Questions |

1. | Question : | You work for Athens Inc. and you must estimate the Year 1 operating cash flow for a project with the following data. What is the Year 1 operating cash flow? Sales revenues: $15,000
Depreciation: $4,000
Other operating costs: $6,000
Tax rate: 35% | | | Student Answer: | | $7,250 | | | | $7,431 | | | | $7,617 | | | | $7,807 | | | | $8,003 | | | | Points Received: | 6 of 6 | | Comments: | | | | 2. | Question : | Which of the following is not a cash flow and thus should not be reflected in the analysis of a capital budgeting project? | | | Student Answer: | | Changes in net operating working capital | | | | Shipping and installation costs | | | | Cannibalization effects | | | | Opportunity costs | | | | Sunk costs that have been expensed for tax purposes | | | | Points Received: | 6 of 6 | | Comments: | | | | 3. | Question : | Which of the following is not a key element in strategic planning as it is described in the text? | | | Student Answer: | | The mission statement | | | | The statement of the corporation's scope | | | | The statement of cash flows | | | | The statement of corporate objectives | | | | The operating plan | | | | Points Received: | 0 of 6 | | Comments: | | | | 4.