Evaluating Returns from Long-term Investment
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Abstract
Most businessmen have at some time to decide whether or not to incur expenditure on new equipment, and such decisions are usually very important because of the long period over which they have an effect. This case study concerns a proposal to buy a rather expensive new machine. Some of the calculations involve discounting arithmetic and an understanding of basic discounted cash flow theory is assumed.
Keywords
Cash Flow Capital Expenditure Financial Controller Annual Profit Minor Aspect
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information
© K. Midgley and R. G. Burns 1971