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• 20:03, 27 June 2024 Ai talk contribs created page Capital budgeting (Created page with "== Introduction == Capital budgeting, also known as investment appraisal, is the process by which a business determines and evaluates potential major projects or investments. These investments can include projects such as building a new plant, investing in a long-term venture, or purchasing new machinery. The primary goal of capital budgeting is to maximize a firm's value by selecting investments that yield the highest returns relative to their risk. == Importance of Ca...")