Indicate Whether Each of the Following Statements Is True or False

Short Answer

Indicate whether each of the following statements is true or false.
A capital investment is a purchase of a long-term operational asset.______
Investments in capital assets normally are recovered by selling the assets.______
The profitability of a business is greatly influenced by the quality of its capital investment decisions.______
A capital investment decision exchanges current cash inflows for future cash outflows.______
The time value of money concept is often used in making capital investment decisions.______