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#analyst-notes #cfa-level-1 #corporate-finance #introduction #reading-35-capital-budgeting
Question

"Capital" refers to [...]

Answer
long-term assets.

Tags
#analyst-notes #cfa-level-1 #corporate-finance #introduction #reading-35-capital-budgeting
Question

"Capital" refers to [...]

Answer
?

Tags
#analyst-notes #cfa-level-1 #corporate-finance #introduction #reading-35-capital-budgeting
Question

"Capital" refers to [...]

Answer
long-term assets.
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Subject 1. Capital Budgeting: Introduction
ss of planning expenditures on assets (fixed assets) whose cash flows are expected to extend beyond one year. Managers analyze projects and decide which ones to include in the capital budget. "Capital" refers to <span>long-term assets. The "budget" is a plan which details projected cash inflows and outflows during a future period. The typical steps in the capital budgeting

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