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In your own words, explain capital budgeting. Why is it important to a company’s long-term success? Provide an example of poorly performed capital budgeting. How does this affect a company’s long- term success? ============================================== FIN 486 Week 3 DQ 2 FOR MORE CLASSES VISIT www.fin486cart.com FIN 486 Week 3 DQ 2 Why is capital budgeting part of a company’s long-term strategic planning process? What are the pros and cons of these methods: o NPV o Simple payback o IRR ============================================== FIN 486 Week 3 Individual Assignment (P10–2,P10–7, P10–10, P10–14, P10–21, P11–1, P11–4, P11–7, P11–8, P11–9) FOR MORE CLASSES VISIT www.fin486cart.com