Depreciation is based on the decline in the fair market value of the asset.

______________________: Develop/maintain harmony, support and concern with well-being

Fill in the blank(s) with the appropriate word(s).

Bill and Mary own a small chain of high fashion boutiques that represent almost 100% of their net

worth. When considering capital budgeting projects for their boutiques, the appropriate measure of risk is A) systematic risk. B) contribution-to-firm risk. C) beta risk. D) project standing alone risk.