Week 10 Reading Reflection

1. The most surprising thing for me was how much information needs to go on each chart and even budgets.  Being in financial accounting here, I have some previous experience with this, but it still surprises me so much with how detailed they need to be.
2. One thing that confused me was fixed costs vs variable costs.  I have heard about that on TV as well as read about in the textbook, but it still confuses me.  I guess I just don't understand the reason behind using one or the other that well.
3. Two questions I have for the author are:
1. Is there any specific industry that can benefit the most from capital budgeting?
• This would be good information for a company to have so if they are in that industry then they can make sure to capital budget.
2. How do you gather the information for the expected returns equation?
• This is important to know for a company that would have to use this equation.
4. I don't disagree with anything, I agreed with everything in the chapter.