When a firm or division has positive NPVs but cannot obtain financing Soft rationing Temporarily limited resources Often from self-imposed budget allocations Rank projects with the Profitability Index (NPV+I/I) EX. Marcos Enterprises has three separate divisions.
The firm allocates each division $1.5 million per year for capital purchases. Which one of the following terms applies to this allocation process?
Hard rationing Cannot raise capital at all, effectively an infinite required return Somet...
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capital
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재무관리
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자본할당
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예측편향
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softrationing
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rationing
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hardrationing
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Finance
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capitalrationing
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