Procedure of capital budgeting
Write down the procedure of capital budgeting?
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The procedure of capital budgeting consists of long term investment generation where they are more reliable with the long term objectives. It estimates the incremental cash flow that has been a proposals given to the project that is been considered subsequent to taking tax. After this the cash flows estimations occurs and then selection of the project occurs that maximize the shareholders' wealth.
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Need help with the attached accounting project
The following information is taken from the financial statements of an entity: 20x6 20x5 Property, plant and equipment $4,100,000 $3,600,000 Accumulated depreciation (1,400,000) (1,050,000) Depreciation expense 650,000 Gain on disposal of PPE 35,000 The asset disposed of had a cost of $400,000
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