Business, Legal & Accounting Glossary
A study on whether a project is viable after taking into consideration its total costs and probable revenues. If the revenues cover the costs of the project, then the project is visible. For instance, the cost of expanding production will entail $500,000; however, the expected increase in revenue will be $1,000,000. Thus, the project is feasible as its revenue more than cover its costs.
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This glossary post was last updated: 20th November, 2021 | 0 Views.