Any Increase in Revenues Brought About by a Project Less

Multiple Choice

Any increase in revenues brought about by a project less any increase in operating expenses and depreciation brought about by the project, multiplied by 1 - T) , where T is the firm's marginal income tax rate, plus the incremental depreciation associated with the project is called the:

A) the present value of the project.
B) the internal rate of return of the project.
C) the net present value of the project.
D) net cash flow of the project.
E) profit of the project.