O'Reilly logo

Financial Management by Sheeba Kapil

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

17

Principles of Capital Budgeting

“Money is like manure. You have to spread it around or it smells.”

 

J. Paul Getty

LEARNING OBJECTIVES

After reading this chapter, you will be able to:

  1. Understand the basic concepts of capital investment decisions.

  2. Discuss the characteristic features of capital investment decisions.

  3. Understand the steps involved in assessing and evaluating capital investment decisions.

  4. Look at the different types of projects that constitute capital investments.

FINANCE IN PRACTICE

Andhra Pradesh Rayons (APR) Limited was promoted by Ballarpur Industries Limited (BILT) in 1975. At that time, there were only three rayon grade pulp plants in India. APR entered into the business and projected a constant increase in demand ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required