Question: How do we really know if a project is a good project? Compare and contrastmaintenance capital versus expansion capital. How do you know if the

How do we really know if a project is a good project?

Compare and contrastmaintenance capital versus expansion capital.

How do you know if the IRR determined for a project is "accurate enough"?

How important is the use of "evaluation guidelines" on inflation assumptions, industry growth rates, etc. to put capital budget requests on the "same page" as far as business assumptions that require a common basis for accurate comparison of capital requests?

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