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1. Describe the importance of the budgeting process in an organization relative to liquidity, solvency, and profitability ratios. 2. Considering liquidity, solvency, and profitability ratios,

1. Describe the importance of the budgeting process in an organization relative to liquidity, solvency, and profitability ratios.

2. Considering liquidity, solvency, and profitability ratios, which and how would these ratios impact capital budgeting decisions?

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