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What is capital budgeting and the methods? Why are capital budgeting decisions crucial to the long run financial health of a business enterprise? List shortcomings

What is capital budgeting and the methods?

Why are capital budgeting decisions crucial to the long run financial health of a business enterprise?

List shortcomings of using the payback period as the only criteria in making capital budgeting decision.

List some capital investment projects in which non-financial factors may outweigh financial factors.

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