- Words: 1402
- Length: 5 Pages
- Topic: Economics
- Paper #: 65860383
Capital Budgeting is a vital part of any business. Investment decisions, which need time to mature, must be based on the returns that they will make. If investment in a project is unprofitable in the long run, it would be unwise to invest in it. However, if the investment will be profitable, it is important to determine this early in the game.
Because huge sums of money can be lost if