Meaning of capital budgeting in financial management
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Capital budgeting, and investment appraisal, is the planning process used to determine whether an organization's long term investments such as new machinery, replacement of machinery, new plants, new products, and research development projects are worth the funding of cash through the firm's capitalization structure
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Capital budgeting is the planning process used to determine whether an organizations long term investments such as new machinery , replacement machinery ,new plants new products and research development projects are worth the funding of cash through the firms capitalization structure
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