- NY Credits : 6.0
- TX Credits : 6.0
Managers in today's complex and changing business environment need much more than a basic understanding of capital budgeting methods. This course expands on those basic methods by considering and illustrating the impact of alternative cash flow patterns, income taxes, capital costs, risk, and inflation, and how each of these topics impacts net present value and internal rate of return, the two most widely used capital budgeting methods. Learn the extent to which financial decision-makers utilize the methods covered. This course also introduces real options analysis. This basic level course is most beneficial to professionals new to capital budgeting who may be at the staff or entry level in an organization but also for an experienced professional with limited exposure to this topic.
Upon successful completion of this course, the user should be able to:
identify the importance of capital budgeting,
recognize the elements of time value of money,
recognize the elements of internal rate of return,
recognize cost of capital, and
recognize methods for adjusting for risk and inflation.