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Elza [17]
3 years ago
9

What is capital budgeting?

Business
1 answer:
amid [387]3 years ago
3 0

Capital budgeting is the process in which a business determines and evaluates potential expenses or investments that are large in nature. These expenditures and investments include projects such as building a new plant or investing in a long-term venture. Often times, a prospective project's lifetime cash inflows and outflows are assessed in order to determine whether the potential returns generated meet a sufficient target benchmark, also known as "investment appraisal

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Answer:

TRUE The Statement is correct

Explanation:

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Total acquisition cost: 2,240

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Answer:

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