Learning objectives Explain the purpose and importance of capital budgeting. Determine whether a new project should be accepted using the:
{"Image DocumentName": "Learning objectivesExplain the purpose and importance of capital budgeting. Determine whether a new project should be accepted using the:", "Image ImageDescription": "net present value (NPV) internal rate of return (IRR) payback period (PBP) discounted payback period. Identify the two conditions under which IRR doesn\u2019t work.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}