Question: A projects net present value, ignoring income tax considerations, is normally affected by the a. Proceeds from the sale of the asset to be replaced.

A project’s net present value, ignoring income tax considerations, is normally affected by the

a. Proceeds from the sale of the asset to be replaced.

b. Carrying amount of the asset to be replaced by the project.

c. Amount of annual depreciation on the asset to be replaced.

d. Amount of annual depreciation on fixed assets used directly on the project.

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