Walgreen's $ 50million Dollar Investment In Theranos

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A long-term capital investment are classified as an investment that is longer than a year. Capital investments are necessary for ongoing business activities Capital budgeting is an estimate at the time, “the budgeting process is subject to purposeful manipulation, as well as judgmental errors.” “Considering the significant size and long duration of these investments, inappropriate capital investment decisions may have serious financial consequences for a business.” (Regis University, n.d. p.2 ) An example of a long term investment that decision that didn’t work was Walgreen’s three year, $50Million dollar investment in Theranos- a blood testing company. Theranos promised of a better, quicker way to test blood samples, what Walgreen’s failed

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