Characteristics of capital budgeting include:

Time Value of Money

Explanation:

Capital Budgeting techniques include the Time Value of Money Principles. Usually this is used when we try to evaluate projects using Net Present Value Techniques.

In Net Present Value technique, we discount the future cash flows using the company`s cost of capital to determine the value today of all those income streams. This value is then compared to the Initial cost of the Investment.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; ///pegged exchange rate with the united states;