November 2008
Beginner
448 pages
11h 33m
English
Content preview from Budgeting Basics and Beyond
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13.7. Special Projects
Special capital expenditures involve nonroutine, large cash outlays for major specific projects. An example is the purchase of new machinery to meet customer demand. Optional projects include equipment replacement, capital expansion, modified techniques, and new ventures. Capital expenditures should be consistent with the manager's desired return on investment.
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