Corporate budgeting and introducing a new product are examples of ________

Charles' Chulent Inc., the best chulent maker outside of New Orleans, earned a handsome after-tax profit last year. If nothing changes in 2019, except the depreciation rate is raised to 20% from 10%, which of the following is higher this year than last?

a) revenue b) net profits after taxes c) taxes d) retained earnings e) addition to cash

All of the following are true about residential appraisals EXCEPT:

a) Since a borrower's available cash for closing is generally limited and the lending guidelines are rigid, the loan originator should carefully review the appraisal for any errors. b) A lender will generally limit the loan to a maximum percentage of the appraised value of the property. c) The appraiser's final estimated market value readily allows for an increase in settlement costs up to 10% before the closing. d) A successful closing can be highly dependent on the appraiser's opinion of value.