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You are the finance director of COVACCI (LTD), a company that specialises in the manufacturing of Covid vaccines. You have over ten years of experience

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You are the finance director of COVACCI (LTD), a company that specialises in the manufacturing of Covid vaccines. You have over ten years of experience in this role. One day, your new CEO calls you into her office and says she is feeling a little confused because the board is pushing her for clarity on the details of COVACCI (LTD)'s capital budgeting and capital structure. She admits that she is not very sure what these are, how they are different, or which one is more relevant to the company currently when the company is looking to grow and expand rapidly. She asks you for help. Task: Write a report for your new CEO, explaining capital budgeting, contrasting this with capital structure and analysing the role that each of these should play in times of company growth. (25 marks)

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