Place the following activities in order from first to last to illustrate the capital budgeting process:

a$.$ Screen and analyze investments using one or more of the methods discussed

b$.$ Engage in capital rationing

c$.$ Project potential investments' cash flows

d$.$ Perform post$-$audits

e$.$ Identify potential capital investments

a$.$ Screen and analyze investments using one or more of the methods discussed

b$.$ Engage in capital rationing

c$.$ Project potential investments' cash flows

d$.$ Perform post$-$audits

e$.$ Identify potential capital investments