Which of the following statements is false? a. sensitivity analysis determine the reasonable range of expectations for a project's outcome. b. the impacts of estimation errors and forecasting risks are small when npvs are large and negative. c. under intense competition, positive npv projects are rare. d. the error of commission, or type 1 error npv estimation, is the risk that a project will be accepted when its true npv is negative.

Yolo windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): information on january 1 (beginning): direct materials inventory $ 89 work-in-process inventory 111 finished goods inventory 1,620 information for the year: administrative costs $ 3,610 direct labor 12,900 direct materials purchases 8,210 factory and machine depreciation 11,720 factory supervision 774 factory utilities 940 indirect factory labor 2,880 indirect materials and supplies 688 marketing costs 1,480 property taxes on factory 282 sales revenue 45,800 information on december 31 (ending): direct materials inventory $ 94 work-in-process inventory 138 finished goods inventory 1,430 required: prepare an income statement with a supporting cost of goods sold statement. (enter your answers in thousands of dollars (i. e., 234,000 should be entered as