Capital budgeting in investment and project appraisal / Wong Soon Heng

• المؤلف الرئيسي: Wong, Soon Heng
• التنسيق: مقال
• اللغة: English
• منشور في: UiTM cawangan Kedah 2002
• الموضوعات: Capital budget. Capital investments. Fixed capital
• الوصول للمادة أونلاين: http://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf; http://ir.uitm.edu.my/id/eprint/11851/

This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this a...