Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Which statement accurately describes the capital budget?
Which statement accurately describes the capital budget?
- It includes a summary of all anticipated uses of funds (correct)
- It includes a summary of all anticipated sources of funds
- It includes a summary of all grants and developer's equity
- It includes a summary of all equity and debt
What does the sources and uses statement show?
What does the sources and uses statement show?
- Where all the funds are used in a project (correct)
- Where all the sources of funds come from
- The total amount of excess cash flow available for distribution
- The total amount of sources and uses of funds
What happens if there are more uses of funds than sources of funds?
What happens if there are more uses of funds than sources of funds?
- The project will need additional capital to work (correct)
- The project will not be financially feasible
- There will be excess cash flow available for distribution
- The sources and uses must be equal
What is the purpose of establishing a project budget for construction?
What is the purpose of establishing a project budget for construction?
Signup and view all the answers
What is required for the financial feasibility of a project?
What is required for the financial feasibility of a project?
Signup and view all the answers
Flashcards are hidden until you start studying
