Making capital budgeting decisions: maximizing the value of the firm
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Harlow u.a.
Financial Times Prentice-Hall
1999
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| Edition: | 1. publ. in Great Britain |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XI, 194 S. 1 Disk. |
| ISBN: | 0273638793 |
Staff View
MARC
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Record in the Search Index
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| adam_text | Foreword xi
1 WHY CAPITAL BUDGETING DECISIONS ARE IMPORTANT 1
Introduction 3
The Firm s Financial Statements 5
Maximizing Shareholder Wealth 15
The Determinants of Firm Value 20
Earnings, Stock Price, and Capital Budgeting Decisions 22
2 HOW PROJECTS ARE CLASSIFIED 25
Introduction 27
By Function: Expansion, Replacement, and R D 28
How Proposed Projects Can Affect Other Projects 30
Analysis of Announced Projects 32
3 CAPITAL BUDGETING TECHNIQUES 35
Introduction 37
Payback Period 38
Accounting Rate of Return 40
Internal Rate of Return 42
Net Present Value 48
Profitability Index 50
Independent Projects 51
Mutually Exclusive Projects and Resolving Conflicting Rankings 51
Summary 55
4 RELEVANT CASH FLOWS 59
Introduction 61
General Themes in Cash Flow Analysis 62
vii
Analyzing Expansion Project Cash Flows 65
Additional Cash Flows for Replacement Decisions 70
Depreciation 72
Expansion Project Example 76
Replacement Project Example 82
Summary 88
5 SPECIAL SITUATIONS 91
Introduction 93
Conflicting Rankings of Mutually Exclusive Projects 93
Comparing Projects with Different Required Investments 101
Comparing Projects with Unequal Lives 103
Adjusting for Inflation 108
Summary 113
6 THE LEASING DECISION 115
Introduction 117
Types of Lease 118
Defining the Capital Lease 120
The Economic Analysis of a Financial Lease 127
Summary 134
Appendix A: The Time Value of Money 137
Introduction 139
Individual Cash Flows 139
Intra year Compounding 146
Continuous Compounding 149
General Concepts 154
Annuities 156
Interpreting Factors 160
Financial Calculators 165
Summary 169
Appendix B: Present Value and Future Value Factors 171
Future Value of $1 172
Future Value of an Annuity of $1 174
Present Value of $1 176
Present Value of an Annuity of $1 178
Index 181
CAPITAL BUDGETING SOFTWARE SYSTEM (Interactive Version)
User s Manual and Documentation 185
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| illustrated | Not Illustrated |
| indexdate | 2024-07-09T18:46:31Z |
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| isbn | 0273638793 |
| language | English |
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| physical | XI, 194 S. 1 Disk. |
| publishDate | 1999 |
| publishDateSearch | 1999 |
| publishDateSort | 1999 |
| publisher | Financial Times Prentice-Hall |
| record_format | marc |
| spelling | Johnson, Hazel Verfasser aut Making capital budgeting decisions maximizing the value of the firm Hazel Johnson 1. publ. in Great Britain Harlow u.a. Financial Times Prentice-Hall 1999 XI, 194 S. 1 Disk. txt rdacontent n rdamedia nc rdacarrier Capital budget Decision making Capital investments Decision making Corporations Finance Decision making Investitionsentscheidung (DE-588)4162244-3 gnd rswk-swf Programm (DE-588)4047394-6 gnd rswk-swf CD-ROM (DE-588)4139307-7 gnd rswk-swf Investitionsentscheidung (DE-588)4162244-3 s Programm (DE-588)4047394-6 s DE-604 CD-ROM (DE-588)4139307-7 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009197261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Johnson, Hazel Making capital budgeting decisions maximizing the value of the firm Capital budget Decision making Capital investments Decision making Corporations Finance Decision making Investitionsentscheidung (DE-588)4162244-3 gnd Programm (DE-588)4047394-6 gnd CD-ROM (DE-588)4139307-7 gnd |
| subject_GND | (DE-588)4162244-3 (DE-588)4047394-6 (DE-588)4139307-7 |
| title | Making capital budgeting decisions maximizing the value of the firm |
| title_auth | Making capital budgeting decisions maximizing the value of the firm |
| title_exact_search | Making capital budgeting decisions maximizing the value of the firm |
| title_full | Making capital budgeting decisions maximizing the value of the firm Hazel Johnson |
| title_fullStr | Making capital budgeting decisions maximizing the value of the firm Hazel Johnson |
| title_full_unstemmed | Making capital budgeting decisions maximizing the value of the firm Hazel Johnson |
| title_short | Making capital budgeting decisions |
| title_sort | making capital budgeting decisions maximizing the value of the firm |
| title_sub | maximizing the value of the firm |
| topic | Capital budget Decision making Capital investments Decision making Corporations Finance Decision making Investitionsentscheidung (DE-588)4162244-3 gnd Programm (DE-588)4047394-6 gnd CD-ROM (DE-588)4139307-7 gnd |
| topic_facet | Capital budget Decision making Capital investments Decision making Corporations Finance Decision making Investitionsentscheidung Programm CD-ROM |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009197261&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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