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gtnhenbr [62]
3 years ago
10

​Ashton is working on a project at PowerTek Inc., a well-known multinational corporation. He is using capital budgeting to estim

ate the project's future cash flows. He finds that the present value of the estimated future cash flows is greater than the cost of the project. How likely is he to gain approval from the board? Group of answer choices
Business
1 answer:
Sholpan [36]3 years ago
3 0

Answer: A. He will quite certainly gain approval since the project has a positive net present value.

Explanation:

The options are:

A. He will quite certainly gain approval since the project has a positive net present value.

B. Approval is probable but not likely as he failed to account for the time value of money.

C. He will not gain approval as he failed to consider whether the project is leading edge or not.

D. Approval is probable but not likely as the project has been constructed on estimates instead of facts.

Capital budgeting is used to know whether the long term investment for a particular organization's is actually worth investing in or not by the company.

Based on the scenario in the question, since the present value of the estimated future cash flows is greater than the cost of the project, Ashton will quite certainly gain approval since the project has a positive net present value.

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Explanation:

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7 0
3 years ago
Required Problems with behavioral finance include: I. The behavioralists tell us nothing about how to exploit any irrationality.
Natasha2012 [34]

Answer:

ALL OF THE ABOVE

Explanation:

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Looking at the options given in the scenario they all show traits of investors behaving in a way that portrays psychological reaction

Hence it can be concluded that Problems with behavioral finance include ALL OF THE FOLLOWING:

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Absorption and Variable Costing; Inventory Valuation Bondware Inc., has a highly automated assembly line that uses very little d
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Answer:

Following are the response to the given question:

Explanation:

                            Cost of Goods Sold  

Absorption costing 92000+440\times (520+460+180) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ =  602400

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3 years ago
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