Asset deficiency is a financial condition where a company's liabilities exceed its assets, raising concerns about the organization's financial viability.
Investment appraisal, also known as capital budgeting, involves evaluating the financial viability of a potential investment or project. It assesses whether the investment will yield adequate returns to justify the initial outlay.
Pencil Out refers to the practice of estimating in approximate figures whether a proposed investment or business opportunity is expected to be profitable. It involves making quick calculations to assess the potential financial viability of the venture.
