Module 20.3 LOS 20.h: Economic Income in capital budgeting
A project’s economic income is the after-tax cash flow plus the change in the investment’s market value. Interest is ignored for cash …
capital budgeting
Module 20.1 LOS 20.a: Expansion/Replacement Project Initial Cash Outlay Calculation
Capital projects can be broken down into three main incremental cash flows, the initial investment outlay, the operating cash flows …