January 2015
Beginner
480 pages
31h 42m
English
LO1 Explain capital budgeting and differentiate between short-term and long-term budgeting decisions.
LO2 Explain the payback period model and its two significant weaknesses and how the discounted payback period model addresses one of the problems.
LO3 Understand the net present value (NPV) decision model and appreciate why it is the preferred criterion for evaluating proposed investments.
LO4 Calculate the most popular capital budgeting alternative to the NPV, the internal rate of return (IRR); explain how the modified internal rate of return (MIRR) model attempts to address ...
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