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Essay Details:
Essay text:
If the planning is not done properly or a bad decision is made it can cause unnecessary costs for the company.
Capital Budgeting is considered a managerial tool in which the financial
manger is to choose the right investment that has a satisfactory cash flows and rates of returns. In order to decide if the investment is worth undertaking they must evaluate, select the project, compare and be able to choose their options that will be beneficial. In other words they must make long-term decisions that involve a large expenditure, beneficial to the company's future and analyze potential addition to the fixed assets...
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