1. Which of the following is the single best criterion, due to the fact it provides a direct measure of value that the project adds to shareholder wealth?
net present value (NPV)
discounted payback
internal rate of return (IRR)
modified internal rate of return (MIRR)
2. Which of the following is not included as part of investor-supplied capital (because it doesn't come directly from investors)?
Common equity
Preferred stock
Interest-bearing debt
Accounts payable