The Roles Of Capital Budgeting In Organizational Growth (a Case Study Of Tower Aluminums Nigeria Plc)

 ABSTRACT Financing decision, dividend decision and investment decision are the three most important decisions which a firm makes out of those three decisions that are crucial to the continued existence and the survival of any firm, the most delicate and dangerous of them is investment decision. Investment decision otherwise known as capital budgeting decision is the firm’s decision to invest its funds most efficiently in long term assets in anticipation of an expected flow of benefits over a series of years. The nature of capital projects i.e the amount and time involved, recoupment of capita…