成本与管理会计课件6. 14.ppt

Capital Budgeting Decisions Chapter Fourteen Typical Capital Budgeting Decisions Typical Capital Budgeting Decisions Capital budgeting tends to fall into two broad categories . . . Screening decisions. Does a proposed project meet some preset standard of acceptance? Preference decisions. Selecting from among several competing courses of action. Time Value of Money A dollar today is worth more than a dollar a year from now. Therefore, investments that promise earlier returns are preferable to those that promise later returns. Time Value of Money Learning Objective 1 The Net Present Value