The purchase of new equipment is classified as a _____ decision.
A) Capital structure.
B) Capital budgeting.
C) Capital growth.
D) Working capital.
E) Capital return.

Question

Quizplus · Accepted Answer

The purchase of new equipment is a capital budgeting decision because it involves a long-term investment that will have a significant impact on the company's financial performance.

The Purchase of New Equipment Is Classified as a _____