Which of the following statements is FALSE? a. The opportunity cost of using a resource is the value it could have provided in its best alternative use. b. We begin the capital budgeting process by determining the incremental earnings of a project. c. The marginal corporate tax rate is the tax rate the firm will pay on an incremental dollar of pre-tax income. d. Investments in plant, property, and equipment are directly listed as expense when calculating earnings.
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Home » Business » Which of the following statements is FALSE? a. The opportunity cost of using a resource is the value it could have provided in its best alternative use. b. We begin the capital budgeting process by determining the incremental earnings of a project.