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Why is capital budgeting important? Why is the stage of thebusiness cycle an important...

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Accounting

Why is capital budgeting important? Why is the stage of thebusiness cycle an important component in a capital expenditurepolicy?

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Capital budgeting is a process of evaluating the capital expenditure decision A capital expenditure is featured by initially huge cashout flow which is certain but followed by regular or irregular periodical cash inflows which are uncertain Thus all capital budgeting    See Answer
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In: AccountingWhy is capital budgeting important? Why is the stage of thebusiness cycle an important component...Why is capital budgeting important? Why is the stage of thebusiness cycle an important component in a capital expenditurepolicy?

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