Which one of the following is a capital budgeting decision?
A)determining how much debt should be borrowed from a particular lender
B)deciding whether or not to open a new store
C)deciding when to repay a long-term debt
D)determining how much inventory to keep on hand
E)determining how much money should be kept in the checking account

Question

Quizplus · Accepted Answer

Capital budgeting involves making long-term investment decisions that involve significant financial investment, such as opening a new store. The other choices are more related to short-term financing decisions or working capital management.

Which One of the Following Is a Capital Budgeting Decision