Dit document is een ruime samenvatting (van het gedeelte dat in gegeven werd door Sofie de Prijcker maar wat in net zoals het andere deel door James Thewissen zal worden gegeven) van het vak Strategic Financial Decision Making van de Master Handelswetenschappen. Het document bevat ook de oplossin...
Strategic Financial Decision Making: Sofie
Hoofdstuk 1 - Investment decisions
1.1. Investment decisions
• Welke financiële functies brengen het meeste bij tot je onderneming?
• De ‘waarde’ van dit criteria ligt in zijn eenvoud
o Managers verhogen de rijkdom van de aandeelhouders door alle projecten te
accepteren die meer waard zijn dan ze kosten.
=> Accepteer alle projecten met een positieve waarde
o Hoe bereken je de waarde?
• Present value van future cash flows die beïnvloed zijn door de
investeringsbeslissingen
1.1.1. NPV
C1 C2 Ct
NPV = C0 + + + ... +
(1 + r )1 (1 + r ) 2 (1 + r )t
Terminology
C0 = Initial Cash Flow (often negative)
Cl = Cash Flow at time 1
C2 = Cash Flow at time 2
Ct = Cash Flow at time t
t = Time period of the investment
r = Opportunity cost of capital
Samenvatting Strategic Financial Decision Making 1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller irstudent. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.16. You're not tied to anything after your purchase.