. What is the cutoff rate (required return, hurdle rate) used and how is it determined?
5. Is the firm using risk-adjusted discount rate or not, and if so, how are they estimated?
6. Is the firm using a singular cut-off rate or multi-divisional cut-off rates? Why?
7. Are capital constraints applied, if so, how are the levels determined?
8. Does the firm lease assets, if so, how do they decide which assets to lease and why?
9. Does the firm do its acquisition analysis internally, and, if so
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