Capital Budgeting Decision – An Overview

Capital Budgeting Decision – An Overview

Capital Budgeting Decision¬† – The investment decision of a firm is generally known as the capital expenditure decision. It is the whole process of the analyzing project and deciding whether they should be included in the capital project. According to I.M Pandey, a capital budgeting decision is define as the firm decision to invest its current fund in long-term asset in anticipation of an expected flow of benefit over a series of year. Capital budgeting decision has the following features. [Read more…]