As a member of the CEC, would you continue to approve CPRs if it meant that Target would need to fund the requests with external funds, either debt or equity? Name two specific factors that would...

The given case study is related to how capital budgeting decisions should be taken by a corporation specifically by Target Corporation. All the corporations have their own version of CEC (Capital Expenditure Meeting) in which they determine what capital expenditure will the company undertake to promote future growth. The reasons because of which Target will not fund any Capital Purchase through equity or debt are as under:
1. The business model of the company focuses on the core customer base of the company which are...