Multiple Techniques. Most companies use multiple techniques for all of their capital budgeting decisions. There are a number of minor methods, such as profitability index and sensitivity analysis, which can also be employed in making decisions.
Hiring an excavation or land clearing company to clear flat land with light vegetation and few trees might cost $20-$200 per acre; clearing more sloping land with overgrown brush and a few trees might cost $500-$2,000 per acre; and clearing heavily wooded or forested land can cost $3,000-$6,000 or more an acre, depending on conditions and whether the resulting debris will be burned (illegal in many areas and strictly limited in others), stacked in designated spots for later disposal or ...
Re: Cost to clear 10 acres. Likely (highly likely !! ) that the value of the trees as wood is less than the cost of clearing the land. A forester could be hired to cruise the timber for a board foot estimate and then get estimates of timber value.