q26

Which of the following describes the need for capital budgeting? Select one: a. The company is aware of environmental issues and will only allocate to projects that are sustainable and for the good of the environment. O b. The company should allocate to funds only to projects that produce a positive NPV as that will look good on any prospectus for potential new investors. c. A company's resources are limited so that it will only choose between those projects that will deliver the highest wealth increase for the company. d. The management of the company is against spending on projects at this time