QUESTION 10 If a capital budgeting project has a net present value (NPV) equal to zero: a. It will not change the amount of the firm's working capital. O b. It will not change the book value of the firm's assets. C. It will not change the book value of the firm's liabilities. O d. It will not change the financial value of the firm. QUESTION 11 All of the following are data rules associated with capital budgeting EXCEPT: a. Use cash flow numbers only. b. Never consider the impact of inflation. Oc Use incremental numbers only. d. Include the effects of the project on quality and cycle time. QUESTION 12 If the net present value (NPV) of a standard capital budgeting project is positive: O a. The project's IRR may be less than, greater than or equal to the WACC. b. The project's IRR is equal to the WACC. c. The project's IRR is less than the WACC. d. The project's IRR is greater than the WACC