November 2008
Beginner
448 pages
11h 33m
English
Content preview from Budgeting Basics and Beyond
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20.15. Conclusion
Capital budgeting is the selection of the optimum, alternative, long -term, investment opportunity. It tells where to put corporate resources. It involves the calculation of how many years it takes to get money back, the return earned on a proposal, and the net present value of cash flows to be derived.
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