You are a Finance Manager for a major utility company.
Respond to the following in a minimum of 175 words:
- Think about some of the capital budgeting techniques you might use for some upcoming projects.
- Discuss the 2 main capital budgeting techniques (Net Present Value and Internal Rate of Return) plus one of the following techniques (Payback, Discounted Payback, Profitability Index, or Modified Internal Rate of Return) and how your company can benefit from the use of these tools.
- Compare your approaches to other students’ responses. How were they similar or different? Why might you use the different approaches shared by your classmates?