Finc410-ph3(DB)in 400 words;Budgeting in uncertainty is challenging. The decisions made by budget
managers affect the direction and future of every company. Having a
thorough understanding of the components of capital budgeting is
essential to developing an appropriate budget.Choose a public company. Explain why you chose the company.
In your opinion what is 1 long-term goal of the company? Explain your answer.
What is a capital expenditure?
Describe a capital expenditure of the company. Why is this item a capital expenditure? Explain your answer.
How does this capital expenditure contribute to the long-term goals
of the company as described earlier? Explain your answer.
What are the challenges for the budget manager for this particular capital expenditure? Explain your answer.
What is a potential solution for the budget manager? Explain your answer