Question 1: What is the difference between NPV, IRR, Payback analysis and how are these methods related?
Question 2: What are examples of opportunity costs and incremental cash flows?
Question 3: How does the cash flow of a project impact whether or not a company pursues a certain project?
Question 4: Give an example of how you would employ the different capital budgeting techniques to a real life situation or a situation you can envision. How would you differentiate among three different projects if you could only pursue one of those projects?