A Firm Must Choose From Five Capital Budgeting Proposals Listed Below. The Firm Is Subject To Capital Rationing:
QUESTION 1
A firm must choose from five capital budgeting proposals listed below. The firm is subject to capital rationing and has a capital budget of $1,000,000; the firm’s cost of capital is 13%.
Using the net present value approach to ranking projects, state which projects should the firm accept.
