Answer:
Because of the existence of advanced forecasting techniques, capital budgeting is based on precise estimates of future events.
Explanation:
Capital budgeting is the process of identifying, evaluating, selecting, and controlling long-term investment projects and it involves estimating the revenues and costs of each proposed project, evaluating their merits, and choosing those worthy of investment.
Capital budgeting uses after-tax cash flows in the analysis of proposed investments.
Thus, the basic objective underlying capital budgeting is to select assets that will earn a satisfactory return.
Answer: $46,380
Explanation:
Given that,
Item X was appraised = $38,000
Item Y was appraised = $60,000
Item Z was appraised = $65,000
Purchase price = $126,000
Sum of the value of items appraised = $38,000 + $60,000 + $65,000
= $163,000
The amount at which item Y should be recorded:
=
=
= $46,380
<span>The difference between a high-grade ore and a low-grade ore is the amount of a particular mineral with the the ore. Higher grade ores contain larger amounts of the mineral than lower grades do. Ores can contain different types of minerals such as copper or iron; but the higher the amount of mineral, the higher-grade the ore is labeled.</span>
Answer: Managing for Long-Term Profits
Explanation:
When the immediate profit is given up by companies by developing quality products in order to penetrate competitive markets over the long term.
Products are priced relatively low when compared to their development cost, but the company later expects to make greater profits because of the company's high market share.
Answer:
Profit oriented
Explanation:
Price level is the approach which is referred to as the purchasing power of money. This is analyzed by the basket of goods approach, in which the consumer grounded goods and services are examined in total.
There are 4 usual approaches for finding the approximate price level for the service or product, and that are competition-oriented pricing., cost oriented, demand oriented and profit oriented.