Lecture Survey of accounting (3/e) - Chapter 16: Planning for capital investments
Lecture Survey of accounting (3/e) - Chapter 16: Planning for capital investments
After studying this chapter you will be able to: Explain the time value of money concept, determine and interpret the net present value of an investment opportunity, determine and interpret the internal rate of return of an investment opportunity, evaluate investment opportunities using the payback method and the unadjusted rate of return.