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Finance for Nonfinancial Managers, Second Edition (Briefcase Books Series), 2nd Edition by Gene Siciliano

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Good Investment or Bad? How Do You Decide?

Whether the business is a roadside ice cream vendor or a spacecraft manufacturer, management must at some point invest in the equipment it needs to run the enterprise. Wonder Widget’s business falls somewhere in the middle. We all know how valuable its widgets are to its customers, but they don’t give much thought to the capital decisions that management must make to ensure its products are the best they can be for the price. In this chapter we review the tools management uses to make investment decisions. You’ll see how the same tools can be used by any company, including yours. The trick is knowing ...

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