Discussion
Capital budgeting is a vital part of a firm's decision making. Each approach will provide a piece of information to help analyze potential projects to make informed decisions.
Topic 1: Capital Budgeting
From a financial manager's perspective, discuss the capital-budgeting process used to identify projects that add to the firm's value. How do capital-budgeting decisions help to define a firm's strategic direction?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.