In your own words, answer this unit’s discussion questions in a main post (recommended minimum 300 words)
Capital budgeting techniques aid business with investment decision making. Many approaches can be used, with some being more advanced than others.
- Describe the payback period approach to capital budgeting.
- Explain 1 advantage and 1 disadvantage of the technique.
- Explain why it would be wise for a financial manager to learn advanced capital budgeting techniques.