These notes provide an in-depth explanation of the payback period, including its definition, significance in evaluating investment projects, and different methods of calculation. They cover step-by-step procedures for determining the payback period with both uniform and non-uniform cash flows, alon...
CAPITAL BUDGETING
PROCESS
Engineering Economy, William G. Sullivan, Elin M. Wicks, C. Pa
Koelling; chapter 4, 5, 6 & 13
Engineering Economic Analysis, Donald G. Newnan, Ted G.
Eschenbach, Jermo P. Lavelle; chapter 4, 5, 6, 7, 8 & 9
, Evaluation & Selection of Capital Budgeting Pro
Evaluation Methods:
Present Worth Analysis
Annual Worth Analysis
3
Internal Rate of Return Analysis
Pay-back Time Analysis
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