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Capital Budgeting Revolutionized by Information System Business Application Project<br>Yuvraj Patel<br>Chi<br>Ming<br>Pham Penn State Harrisburg<br>Management Information System<br>
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CAPITAL BUDGETING / TUTORIALOUTLET DOT COM Capital Budgeting FOR MORE CLASSES VISIT www.tutorialoutlet.com Capital Budgeting Revolutionized by Information System Business Application Project Yuvraj Patel Chi Ming Pham Penn State Harrisburg Management Information System Spring 2017 Table of Contents Summary Corporate financial management continually invest funds in assets, and these assets produce income and cash flows that the firm can then either reinvest in more assets or distribute to the owners of the firm. Capital budgeting decisions involve long-term commitment of a firm’s scarce resources in capital investments (which includes assets either short or long term). When such decision is made, the firm is committed to a current and possibly future outlay of funds. Capital budgeting decisions play a prominent role in determining whether a firm will be successful.