Capital Budgeting: Theory and Practice

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