For a Tax-Paying Firm,the Net Present Value of a Project

Multiple Choice

For a tax-paying firm,the net present value of a project will increase when:

A) the initial net working capital requirement increases.
B) depreciation is decreased during the early years of a project's life.
C) the life of the fixed assets used by that project is increased.
D) the operating cash flows increase.
E) the tax rate increases.