1. Explain the major phases of capital budgeting(5 point)
2. Discus where we get project idea?
(5 points) 3. Explain the risk management process? (5 point)
4. The following data for a cretin demand for product X in the last 8 years.
Required forecast demand for the next 5 years and state the forecast linear equation.(15pts) Year Actual Demand 1 2 3 4 5 6 7 100 150 145 180 200 220 230 210​