In capital budgeting analysis, the cash flows are estimated based on:a. forecasts of future cash revenues, expenses, and investment outlays. b.forecasts of retained earnings available for financing projects. c.forecasts of weathermen. d.historical estimates.

a.forecasts of future cash revenues, expenses, and investment outlays

Explanation:

The capital budgeting analysis is the analysis in which the company analyses the projects in terms of risk, return that would expected in near future. In this, the present value should be determined by applying the discount rate.

Now as per the given situation, the cash flows that are predicted would be depend upon the future cash revenues i.e. forecasted, its expenses and the outlays of the investment

Therefore the option a is correct

And, the same is to be considered

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

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