FIN.1:4.4 - Connect the work in the order required by the decision

Select Methods by the result missing from the current comparison. FIN.4 supplies the account or projection; FIN.5 supplies a matched required return; FIN.6 supplies incremental project cash and value; FIN.7 supplies an asset or interest value; FIN.8 supplies a contingent strategy; FIN.9 compares their uses together. Adequate supplied results can enter at any of these points with their conditions intact.

Use FIN.2 for dated liquidity and FIN.10–12 for actual financing possibilities. Funding and valuation can interact: a proposed debt policy affects the return calculation, while a value estimate can affect financing weights. Make the provisional policy explicit, calculate its consequences and return to the policy decision if they make it infeasible or unattractive. Do not let a spreadsheet balancing amount silently select a loan or let a preferred valuation silently select the rate producing it.

Several conclusions can properly coexist: “positive operating NPV,” “not fundable at closing on these terms,” and “fundable if payment is deferred at this additional cost.” FIN.9 can compare the revised whole alternative once the terms are obtainable. FIN.16 combines the warranted contributions for the receiver. The recommendation must say which conditions belong to which alternative; a mixture of the best features from mutually incompatible alternatives is no feasible recommendation.