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Capital Budgeting  FOR MORE CLASSES VISIT
www.tutorialoutlet.com Capital Budgeting
Revolutionized by Information System Business
Application Project Yuvraj Patel Chi Ming Pham
Penn State Harrisburg Management Information
System Spring 2017 Table of Contents Summary
Corporate financial management continually invest
funds in assets, and these assets produce income
and cash flows that the firm can then either
reinvest in more assets or distribute to the
owners of the firm. Capital budgeting decisions
involve long-term commitment of a firms scarce
resources in capital investments (which includes
assets either short or long term). When such
decision is made, the firm is committed to a
current and possibly future outlay of funds.
Capital budgeting decisions play a prominent role
in determining whether a firm will be successful.
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