- NY Credits : 2.0
- TX Credits : 2.0
This course presents the basic premise of capital management and capital budgeting through valuable metrics used in managing working capital. The topic of metrics is expanded with an explanation of major capital investment evaluation techniques for capital analysis and assessments to include the time value of money, net present value, payback period, internal rate of return, modified rate of return and the profitability index. Formulas and tools for efficient and accurate calculation is also provided.
This course is most beneficial to professionals new to capital budgeting as well as for the seasoned professional with limited exposure to capital budgeting.
Upon successful completion of this course, the user should be able to:
identify key terms related to capital management,
identify metrics used in managing working capital,
identify key metrics used in a capital budget,
utilize some calculation formulas used common in capital budgeting decisions,
recognize policies and procedures relative to capital expenditures, and
identify the benefits of having predefined capital expenditure policies and procedures.