Choose all that are appropriate.

Returns to capital that exceed costs of capital should result in value creation.
Increased leverage will not necessarily result in enhanced firm value.
A project with a higher internal rate of return (IRR) is not necessarily superior to a project with lower IRR.
The present value (PV) of cashflows from a project is not sufficient to determine if the project creates value for a business.
Price to earnings ratio is an example of a valuation multiple.