What must the financial manager do to ensure that a firms


1. What is the likely effect of inflation on the level of capital expenditures made by private firms? What must the financial manager do to ensure that a firm's capital budgeting procedures will be effective in an inflationary environment?

2. What major problems can you foresee in applying capital budgeting techniques to investments made by public sector and not-for-profit enterprises or organizations?

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Finance Basics: What must the financial manager do to ensure that a firms
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