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Briefly describe several factors that increase the difficulty in selecting appropriate capital budgeting proposals.
Ratio
A mathematical expression that compares two quantities and shows the relative size of one quantity to the other.
Original Ratio
Original ratio refers to the initial proportional relationship between two or more quantities before any changes are made.
Partnership
A lawful business structure where two or more people jointly manage and share the earnings.
Consignment Store
A retail store that sells items on behalf of the owner, paying them a portion of the sales proceeds.
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