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Which of the following is NOT a capital budgeting question?
Calendar Year
A one-year period that begins on January 1 and ends on December 31, used for general purposes including statutory reporting and personal timekeeping.
Sales Estimate
An approximate calculation or judgment of the amount of sales a company expects to achieve in a specific period.
Net Working Capital
A measure of a company's liquidity, operational efficiency, and short-term financial health, calculated as current assets minus current liabilities.
Current Ratio
A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
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