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1. 2. A static budget would be useful for how many of the following? direct materials total sales direct labor rent 1 3 2 4

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A static budget would be useful for how many of the following? direct materials total sales direct labor rent 1 3 2 4 The Gibbard Company is considering purchasing an additional vehicle. For a capital investment analysis, using the net present value approach, how many of the following cash flows should be included in the decision- making process? Repairs and maintenance costs of vehicle Additional cash from customers Trade-in value of vehicle at end of useful life Cost to purchase vehicle 4 1 2 3

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