What is a Capital Budgeting? | Importance of Capital Budgeting

Capital budgeting is the process of evaluating commercial worthiness of a project or investment in a major venture such as purchase or overhaul of plant & machinery, product research & development, new product launch, etc. Capital budgeting is a very critical process before undertaking any new project since a significant amount of investment is included. … Continue reading What is a Capital Budgeting? | Importance of Capital Budgeting