1. Describe the importance of capital investments and the capital budgeting process 2. Explain how...
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Accounting
1. Describe the importance of capital investments and the capital budgeting process
2. Explain how you would use the payback and the accounting rate of return methods to make capital investment decisions
3. Please provide a scenario for when you would use the time value of money to compute the future value and present value of a lump sum and an annuity. (hint: there should be 4 different scenarios)
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