Objective: Describe and evaluate capital budgeting concepts, and applications, as the foundation of making financial decisions. Introduction: This lesson explores capital budgeting and working capital as the foundations for making informed financial decisions. Business entities, as stewards of their owners’ funds, must continually take advantage of opportunities to maximize owners’ investments. Businesses do so through the budget and capital management process. This essay will provide you with an opportunity to demonstrate your understanding of the concepts and tools in strategic budget management and the importance of capital budgeting to a business. Deliverables: The essay for this lesson is required to be a minimum of 750 words that clearly demonstrate your understanding of the activity. Essays should have a clear introduction, thesis statement and conclusion, written in APA format (APAstyle.org). A minimum of three sources must be cited in-text and in the Reference list. Activity Details:
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