Capital budgeting: Problems and new approaches
β Scribed by James S. Sagner
- Publisher
- John Wiley and Sons
- Year
- 2007
- Tongue
- English
- Weight
- 71 KB
- Volume
- 19
- Category
- Article
- ISSN
- 1044-8136
No coin nor oath required. For personal study only.
β¦ Synopsis
Abstract
Capital budgeting techniques using discounted cash flow calculate the present value of future flows, compared to the cash outflows or the investment required to fund a capital project. But companies are reluctant to commit funds to capital projects these daysβprobably because of disappointing past returns. The author explains current capital budgeting practices and reviews new approaches that may offer some solutions. He also offers a handy quick checklist for capital budgeting decisions. Β© 2007 Wiley Periodicals, Inc.
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