Data for Fun 4 All, Inc.'s capital budgeting projects: Project 1 2 3 WACC 10% 10% 10% NPV 500 550 -300 IRR 11% 10.50% 9% Based on these data, knowing that these projects are INDEPENDENT, you would choose project A.Project 2 B.Project 3 C.Project 1 D.Project 1 and 2.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Data for Fun 4 All, Inc.'s capital budgeting projects:
Project 1 2 3
WACC 10% 10% 10%
IRR 11% 10.50% 9%
Based on these data, knowing that these projects are INDEPENDENT, you would choose project
A.Project 2
B.Project 3
C.Project 1
D.Project 1 and 2.
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