1.What role does depreciation play in estimating incremental cash flows?
2.How and why does working capital affect the incremental cash flow estimation for a proposed large capital budgeting project? Explain
3.How do opportunity costs affect the capital budgeting decision-making process?
4.How are financing costs generally incorporated into the capital budgeting analysis process?
5.Describe the general pattern of cash flows from a bond with a positive coupon rate.