Problem
Consider an example from your professional career in which capital budget methodologies played a role consider an analysis of capital budgeting methods to support decision making, to include the following:
1) From your professional experience, describe an example of a monetary decision that would require the use of one or more of the capital budgeting methods (NPV, ARR, payback, or IRR).
2) From this example, identify which method you, as a manager, would choose to utilize in making the decision.
3) Illustrate why you would choose this particular method over the others.