Sports Management 4 Explain what is meant by capital budgeting

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Assignment #4

Please respond to the following questions:

  • Explain what is meant by capital budgeting
  • What is the problem with multiple IRR’s, and when in sport would they occur?
  • How does location affect the costs of a stadium or arena project? What are the pros and cons of locating a stadium downtown versus our near a highway?

Please answer the following questions:

  • What are the strengths and weaknesses of incremental budgeting?
  • What are the strengths and weaknesses of zero-based budgeting?
  • What are some of the advantages and disadvantages of equity financing, specifically for sports teams?

NEED ANSWERS IN GREAT DETAIL AND NO PLAGERISM

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