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1-Define and contrast capital budgeting and operating budget? Explain why capital budgeting decisions are critical to businesses? a- What is the purpose for categorizing capital

1-Define and contrast capital budgeting and operating budget? Explain why capital budgeting decisions are critical to businesses?

a- What is the purpose for categorizing capital projects.

b- Should you do a financial analysis for any capital budget decisions? Explain your answer.

c- What are the four steps of capital budgeting analysis?

Please Elaborate.

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