Indicate Whether Each of the Following Statements Is True or False

Indicate whether each of the following statements is true or false.
The further into the future a cash receipt is expected to occur,the higher is its present value.______
The return on investment measures the compensation a company expects to receive from investing in capital assets.______
Most companies use their cost of capital to estimate the minimum return on investment required from capital investments.______
When a company invests in capital assets,it sacrifices present dollars for the opportunity to receive future dollars.______
The required rate of return on a capital investment is also referred to as the hurdle rate or discount rate.______