财务管理课件chp008.pptVIP

Net Present Value and Other Investment Criteria Chapter 8 Key Concepts and Skills Understand the payback rule and its shortcomings Understand accounting rates of return and their problems Understand the internal rate of return and its strengths and weaknesses Understand the net present value rule and why it is the best decision criteria Chapter Outline Net Present Value The Payback Rule The Average Accounting Return The Internal Rate of Return The Profitability Index The Practice of Capital Budgeting Good Decision Criteria We need to ask ourselves the following questions when evaluating decisi