1.Which of the following actions would decrease return on investment

A.Increase operating expenses

B.Decrease investment in assets

C.Increase revenues

D.None of the above

2.A company's cost of capital can be defined as

A.The cost to implement the capital budget

B.The cost of buying a fixed asset

C.The weighted average return requirements for a company's debt and equity investors

D.All of the company's operating expenses

3.A sunk cost can be defined as

A.Cost incurred in capital budgeting

B.A cost incurred in the past that can't be changed

C.A relevant cost

D.None of the above