Write a RESPONSE to the classmate’s discussion post below, analyzing their answer and findings. 10 -12 sentences.:

1. What is the purpose of capital budgeting and how does it align to the corporate or finance strategy?

2. What are the expected capital expenditures for your company for this year? What are they investing in capital assets?

2. In the 10-K Item 6 Selected Financial Data – Review some interesting events that impacted the financial statements of the company?

3. In the 10-K Item 3 Review some of the more interesting legal proceedings against the company.