Managers must consider which factors when prioritizing capital investments?

When managers prioritize capital investments, the availability of resources and operational income is crucial because these factors determine an organization's ability to fund new initiatives. Managers must evaluate whether the existing financial resources, such as cash flow and available funding, align with the projected costs of potential investments. Additionally, operational income provides insight into the organization's current financial performance and its capacity to support new projects without negatively impacting existing operations.

Focusing on the availability of resources allows managers to ensure that investments are feasible and sustainable in the long term. It also helps in evaluating the potential return on investment and understanding how new projects will affect the overall financial health of the organization. This careful consideration helps managers make informed decisions that maximize returns while minimizing financial risk.