公司理财及财务管理知识分析(双语)(ppt 45页)

公司理财及财务管理知识分析(双语)(ppt 45页)简介：

Topics Covered
NPV and its Competitors
The Payback Period
The Average Accounting Return
Internal Rate of Return
Capital Rationing

We need to ask ourselves the following questions when evaluating capital budgeting decision rules:

Does the decision rule adjust for the time value of money?
Does the decision rule adjust for risk?
Does the decision rule provide information on whether we are creating value for the firm?

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