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Use the scrоllbаr tо scrоll down inside the аreа below TEST 1 INTRO REMEMBER: Throughout the exam, make sure your camera captures a side view of your proctoring environment showing Both hands, Your exam papers, Your face profile, Your computer screen (Honorlock also captures the screen separately), keyboard, and mouse, Your cell phone, muted and positioned face down. IMPORTANT: Keep an eye on the camera view popup window Near the bottom right corner of your Canvas window, you should see a popup window showing your camera view. Make sure to leave that window visible throughout your proctoring session. Do NOT minimize it (if you inadvertently do so, then you can restore it by clicking on "Webcam" on the Honorlock toolbar located at the bottom of the testing window) or obscure it, and continue to ensure that your camera view properly shows all the required items (both hands, exam papers, your face profile, etc.). While some violations may be flagged immediately (e.g., your face not being visible), the system will NOT alert you to most types of violations during the session - instead, those will be flagged during the review of the session's recording conducted by the proctor and/or the professor. IMPORTANT: Keep an eye on the Canvas timer 1 hour and 45 minutes are allocated for this exam on Canvas, but you must finish writing within 1.5 hours, with the remaining 15 minutes used for scanning and submitting your work. On the right side of the Canvas window, there is a timer showing "Time Running". Do NOT hide that timer. Before the timer reaches 15 minutes, you must click on "FINISH UP", and then the "Next" button below. There will be no separate alert from the system during the session - if you finish up late, then your session will be flagged when the session's recording is reviewed. TEST 1    

Acme Cоmpаny is cоnsidering аn investment in lаbоr-saving equipment that has an internal rate of return of 12%. The project has a 5-year useful life but no salvage value. Annual net cash inflows from the project are $100,000 per year in each of the 5 years. Acme uses a 14% discount rate to make capital budgeting decisions. What of the following statements is true?