 | Chapter Objectives
(See related pages)
After studying this chapter, you should be able to . . .
Explain the strategic role of capital budgeting
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| | | Describe how accountants can add value to the capital budgeting process
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| | | Provide a general model for determining relevant cash flows for capital expenditure analysis
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| | | Apply discounted cash flow (DCF) decision models for capital budgeting purposes
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| | | Conduct sensitivity analysis as part of the capital budgeting process
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| | | Discuss and apply other capital budgeting decision models
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| | | Identify behavioral factors associated with the capital budgeting process
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| | | (Appendix): Identify selected advanced considerations in applying DCF models
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