The following information is taken from the production budget for the first quarter. Beginning inventory in units 270 Sales budgeted for the quarter 114000 Capacity in units of production facility 118100 How many finished goods units should be produced during the quarter if the company desires 790 units available to start the next quarter? 114520 113480 118620 114790 The capital budgeting decision depends in part on the availability of funds. relationships among proposed projects. risk associated with a particular project. all of these. Periods 1 Present Value of an Annuity of 1 7% 8% 9% 0.935 0.926 0.917 1.808 1.783 1.759 2.624 2.577 2.531 2 3 A company has a minimum required rate of return of 8% and is considering investing in a project that costs $49100 and is expected to generate cash inflows of $20000 at the end of each year for three years. The profitability index for this project is 1.03. 1.00, 1.05. 1.20