I need some assistance analyzing “Capital Budgeting”! What’s Capital Budgeting? How do companies use Capital Budgeting and why is Capital Budgeting so important?

I need some assistance analyzing “Capital Budgeting”! What’s Capital Budgeting? How do companies use Capital Budgeting and why is Capital Budgeting so important?

Response has to be 1,000-words/more (or at least one and a half pages long) with a minimum of 3 references in APA format!

Thanks.

I need some assistance analyzing “Capital Budgeting”! What’s Capital Budgeting? How do companies use Capital Budgeting and why is Capital Budgeting so important?