Capital budgeting is mostly done by the company when; the company wants to replace the machinery or assets, wants to open a new branch, or intends to wind up the company. Capital budgeting to do the valuation. Capital budgeting is done by business when they want to increase companies value. Capital budgeting is also known as investment appraisal. Capital budgeting is a process of taking investment related decision in fix assets or capital expenditure.
The following are the purpose of the capital budgeting;
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The attributes of capital budgeting are;
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