A Study on Capital Budgeting at Bharathi Cement Ltd

The investment decision of a firm are generally known as the capital budgeting, or capital budgeting decisions may be defined as the firms decisions to invest its current funds most efficiently in the long term assets anticipation of an expected flow of benefits over a series of years .The long term assets are those that affect the firms operations beyond the one year period .The firm's investment decisions would generally include expansion, acquisition, modernization and replacement of the long term assets. Sale of a division or business is also as an investment decision. Decisions like the change in the methods of sales distribution, or an advertisements campaign or a research and development programmes have long term implications for the firms expenditure and benefits, and therefore they should also be evaluated as investment decisions. It is important to note that investment is the long assets invariably requires large funds to be tied up in the current assets such as inventories and receivables. As such, investment in fixed and current assets is one single activity. A D Mamatha | Dr. P. Basaiah "A Study on Capital Budgeting at Bharathi Cement Ltd" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33161.pdf Paper Url: https://www.ijtsrd.com/management/other/33161/a-study-on-capital-budgeting-at-bharathi-cement-ltd/a-d-mamatha