Capital budgeting decisions are among the most critical decisions that healthcare managers make. This is in part due to the overall impact on the organization and community being served. If capital budgeting is done effectively it provides several benefits to the organization.

Briefly discuss the concepts of NPV, IRR, MIRR, and payback period. What is each one? How is it used? What are the advantages and disadvantages of each one? Then complete problems 14.1 and 14.5 (The calculations should be completed in Excel and uploaded with the word document). Discuss in the paper, if the projects are acceptable based on your analysis.