Question 24 Which statement on incremental earnings is correct? Not yet answered Marked out of 1.00 O a. Incremental earnings are the total earnings resulting from a project. Flag question O b. Unused office space should still be considered as opportunity costs when calculating the incremental earnings. O c. Sunk costs represent costs we already made and should therefore be included in the incremental earnings calculations. O d. Externalities that do not influence the earnings of a company but do influence third parties, such as free software, should still be included when calculating the incremental earnings. Question 20 Not yet answered Consider the following two statements on valuation: 1. According to the WACC fallacy, we can use one company-wide discount factor to value projects with different risks II. The Adjusted Present Value method can only be used in perfect capital markets Marked out of 1.00 Flag question O a. Only statement lis correct O b. Both statements are correct O c. Only statement II correct O d. Both statements are false