Can someone put a comment on this post like agree or compliment the professor ask us to put a comment into our classroom post in a blackboard So please help with this two,,,,,,,,,,,, 1 ,,,,,,,,The facility I manage has become our company's centralized location for railroad equipment maintenance in Texas. It has experienced three major expansion projects since 2019 funded by internal capital. One of the three projects pre-exist my tenure at this location, two are ongoing, and we have plans for at least two more projects to be completed by 2023. Once all capital projects are completed, we will have the facility capacity to increase our throughput volumes by 200% (pending human resources). These investments are an example of internal growth. Internal growth is defined as a firm's growth rate resulting from investing the company's profits rather than distributing them as dividends (Keown, Martin, & Petty, 2020). Although many factors contribute to determining the operating ratio for this company, we understand that making our equipment available for hauling freight is a key factor to creating revenue. Keep in mind that some of our rail equipment requiring repairs may already be loaded with our customers' freight. I am not immediately previewed to the number-crunching but I can take an educated guess stating that financial leaders are likely making decisions based on calculations using the profit-retention rate. Through the process of retaining disbursements, the company's stock value usually increases. American railroads have been leveraging internal growth practices for over four decades. From 1980 to 2020, America's freight railroads used approximately $740 billion of private funds on capital expenditures and maintenance expenses related to assets and growth. That is more than $0.40 per revenue U. S. dollars earned (aar.com, 2021). 2,,,,,,,,, Since I currently only work miscellaneous and independent labor side jobs, I cannot speak on a company decision that myself or my supervisor makes that relies on financial information and knowledge. However, I did discuss this matter with my dad, as he is a ----- at a small business that creates tracking devices for a wide range of animal species. One decision that his company has had to make in the past is whether or not they should purchase more equipment or to just update the equipment they currently have. Upgrading or purchasing their equipment allows for their business to increase their productivity and efficiency which gives them a better opportunity to increase their revenue. This example of them purchasing new equipment is an example of a capital budgeting, "the decision-making process with respect to investment in fixed assets" (Keown et al., 2020). He had to look at finances to determine which long-term investments his firm could undertake. A better knowledge of finance allows for people to have better decision-making skills because it allows them to weigh the different options and to make actual informed choices for their organization's financial situations rather than just blindly deciding to buy more equipment and hope for the best. Outside of the business world, having knowledge of finance allows individuals to make better life decisions such as when to save their money and when to spend it, comparing costs before jumping in and making a big purchase, when and where to invest their money, how to plan for their retirement funds, what would be the best financial option in the long-term, etc. Having a better understanding of finance will assist me in better day-to-day decision-making and provide me the skill to better grasp our strategies for valuing our assets