Capital Budgeting

Description

Capital investment decisions are a constant challenge to all levels of financial managers. Capital Budgeting: Theory and Practice shows you how to confront them using state-of-the-art techniques. Broken down into four comprehensive sections, Capital Budgeting: Theory and Practice explores and illustrates all aspects of the capital budgeting decision process. Pamela Peterson and Frank Fabozzi examine the critical issues and limitations of capital budgeting techniques with an in-depth analysis of: Classifying capital budgeting proposals Determining the relevant cash flows for capital budgeting proposals Assessing the economic value of a capital budgeting proposal using different techniques Incorporating risk into the capital budgeting decision Evaluating whether to lease or borrow-to-buy Capital Budgeting: Theory and Practice provides the knowledge, insight, and advice that will allow you to handle one of the most important aspects of your firm's financial management. Advanced enough for practitioners yet accessible enough for the novice, Capital Budgeting: Theory and Practice is your complete guide to understanding and benefiting from the essential techniques of capital budgeting.

First Sentence

Firms continually invest funds in assets, and these assets produce income and cash flows that the firm can then either reinvest in more assets or pay to the owners.

Subjects

Other Editions

• Capital BudgetingWiley2002-02-01
• Capital BudgetingElectronic resourceJohn Wiley & Sons, Ltd.2004-01-01
• Capital BudgetingWiley & Sons, Incorporated, John2004-01-01
• Capital BudgetingWiley & Sons, Incorporated, John2008-01-01