The Capital Budgeting Decision.pdf Danielson, M. G., & Scott, J. A. (2006). The Capital Budgeting Decisions of Small Businesses. Journal of Applied Finance, 16(2) 45-56. Read the article linked above, "The Capital Budgeting Decisions of Small Businesses and answer the following three short answer questions. Label your response to each question separately. 1. What percentage of small firms use discounted cash flow analysis (like net present value and internal rate of return analysis) to evaluate capital budgeting projects? What percentage of small firms do not estimate cash flows at all when evaluating capital budgeting projects? How most small businesses make capital budgeting decisions? 2. What are the three reasons why Danielson and Scott suggest small businesses should not necessarily invest in all profitable capital budgeting opportunities? 3. Roughly 44% of the small businesses include in this survey indicated that they would hold off on a promising investment opportunity until the opportunity could be funded with internally generated (instead of borrowed) funds. What considerations of a small business owner are likely to justify this response? 4. In your opinion (based on the information int he article) why are small business owners overwhelmingly comfortable with gut instinct as a capital budgeting evaluation method? The Capital Budgeting Decision.pdf Danielson, M. G., & Scott, J. A. (2006). The Capital Budgeting Decisions of Small Businesses. Journal of Applied Finance, 16(2) 45-56. Read the article linked above, "The Capital Budgeting Decisions of Small Businesses and answer the following three short answer questions. Label your response to each question separately. 1. What percentage of small firms use discounted cash flow analysis (like net present value and internal rate of return analysis) to evaluate capital budgeting projects? What percentage of small firms do not estimate cash flows at all when evaluating capital budgeting projects? How most small businesses make capital budgeting decisions? 2. What are the three reasons why Danielson and Scott suggest small businesses should not necessarily invest in all profitable capital budgeting opportunities? 3. Roughly 44% of the small businesses include in this survey indicated that they would hold off on a promising investment opportunity until the opportunity could be funded with internally generated (instead of borrowed) funds. What considerations of a small business owner are likely to justify this response? 4. In your opinion (based on the information int he article) why are small business owners overwhelmingly comfortable with gut instinct as a capital budgeting evaluation method
