A company alters its minimum rate of return from year-to-year or from project-to-project. What underlying factors may

Question:

A company alters its minimum rate of return from year-to-year or from project-to-project. What underlying factors may prompt a company to change its minimum rate of return for purposes?

Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...