Making Capital Budgeting Decisions - Maximizing the Value of the Firm

Making Capital Budgeting Decisions helps corporate managers identify relevancy cash flows and measure the value of prospective capital investments. This book provides a comprehensive array of analytical tools for project evaluation: payback period (a period of time), internal rate of return (a percentage), net present value (a dollar amount) and profitability index (a ratio). The techniques are compared, giving both pros and cons. Numerous illustrations help managers construct direct applications of the tools.
The book tackles several critical questions: How do capital budgeting decisions help managers maximize the value of the firm? How can the firm avoid paying too much for capital projects? How can the firm implement the capital budgeting concepts in the book easily?
The book and the software are engineered to provide in-depth and user-friendly support in one of the most critical areas of management decision-making.