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Capital budgeting is defined as the: Determination of the total amount of money which a firm should borrow. Process of determining the optimal types and

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Capital budgeting is defined as the: Determination of the total amount of money which a firm should borrow. Process of determining the optimal types and amounts of inventory to keep on hand. Management of a firm's long-term investments. Management of a firm's net working capital. Mix of debt and equity used by a firm to finance its operations

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