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Capital Budgeting Decision Criteria推荐
C H A P T E R
12
Capital Budgeting: Decision Criteria
Capital budgeting is the process of evaluating a company’s
potential investments and deciding which ones to accept. This
chapter provides an overview of the capital budgeting process
and explains the basic techniques used to evaluate potential
The ThomsonNOW Web site contains an projects, given that their expected cash flows have already been
estimated. Chapter 13 then explains how to estimate a project’s
Excel file that will guide you through the
cash flows and analyze its risk.
chapter’s calculations. The file for this
chapter is IFM9 Ch12 Tool Kit.xls, and
we encourage you to open the file and
follow along as you read the chapter.
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