Indicate Whether Each of the Following Statements Is True or False

Short Answer

Indicate whether each of the following statements is true or false.
Internal rate of return measures the difference between an investment's rate of return and the company's required rate of return.______
A spreadsheet program is useful in doing internal rate of return analyses.______
Capital investment analyses should take tax consequences into account.______
Depreciation on equipment or a building has the effect of sheltering some of a corporation's income from income taxes.______
The amount of a depreciation tax shield is calculated by multiplying the amount of depreciation by (1 - the tax rate).______