Capital Budgeting TechniquesName:Institution:Date:CAPITAL BUDGETING TECHNIQUESCapital budgeting is the process of planning which is used to determine the investments that are worth pursuing within an organization. Capital budgeting is also known as investment appraisal employs a procedure that conclude whether long term investments of a certain organization, expenditure or major capital are worth to pursue (Lasher, 2011). Various techniques are applicable in capital budgeting even though each of them contains comparable strengths and weaknesses to the other, according to their operations.Various formal methods are usable in capital budgeting and the techniques suitable for this function include the Net profit value, the profitability index, international rate return, as well as payback pe...