Elisa has asked the finance team to meet and discuss how capital budgeting will influence McCormick’s investment decision. Complete the following tasks within your group:
• Discuss the best estimates of McCormick & Company’s capital structure used for the acquisition of new product lines. Give credit to any sources you use to support your statements.
• Discuss how understanding capital budgeting will impact the decision of McCormick and Company’s potential investment in a new factory. Give credit to any sources you use to support your statements.
• Later in the week, after you are back in your office, you have a follow-up discussion with your MCS colleagues in an effort to summarize the key lessons from your discussion on capital budgeting at the meeting. Respond to your colleagues’ original discussion posts and give credit to any sources you use to support your statements.