Capital budgeting in investment and project appraisal / Wong Soon Heng

This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this a...

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Main Author:	Wong, Soon Heng
Format:	Article
Language:	English
Published:	UiTM cawangan Kedah 2002
Subjects:	Capital budget. Capital investments. Fixed capital
Online Access:	http://ir.uitm.edu.my/id/eprint/11851/ http://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf

id	uitm-11851
recordtype	eprints
spelling	uitm-118512017-11-13T05:51:18Z http://ir.uitm.edu.my/id/eprint/11851/ Capital budgeting in investment and project appraisal / Wong Soon Heng Wong, Soon Heng Capital budget. Capital investments. Fixed capital This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this article. The author opines that in capital budgeting, particularly for projects with a long life, the inflation factor cannot be ignored. UiTM cawangan Kedah 2002 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf Wong, Soon Heng (2002) Capital budgeting in investment and project appraisal / Wong Soon Heng. Wahana Akademik, 1 (1). pp. 14-20. ISSN 1675-2414
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Capital budget. Capital investments. Fixed capital
spellingShingle	Capital budget. Capital investments. Fixed capital Wong, Soon Heng Capital budgeting in investment and project appraisal / Wong Soon Heng
description	This article critically evaluates the relative attractions of the Net Present Value (NPV) method in capital budgeting. The author argues for the NPV method over the Internal Rate of Return (IRR) method. The implications of inflation for investment appraisal are discussed in the later part of this article. The author opines that in capital budgeting, particularly for projects with a long life, the inflation factor cannot be ignored.
format	Article
author	Wong, Soon Heng
author_facet	Wong, Soon Heng
author_sort	Wong, Soon Heng
title	Capital budgeting in investment and project appraisal / Wong Soon Heng
title_short	Capital budgeting in investment and project appraisal / Wong Soon Heng
title_full	Capital budgeting in investment and project appraisal / Wong Soon Heng
title_fullStr	Capital budgeting in investment and project appraisal / Wong Soon Heng
title_full_unstemmed	Capital budgeting in investment and project appraisal / Wong Soon Heng
title_sort	capital budgeting in investment and project appraisal / wong soon heng
publisher	UiTM cawangan Kedah
publishDate	2002
url	http://ir.uitm.edu.my/id/eprint/11851/ http://ir.uitm.edu.my/id/eprint/11851/1/AJ_WONG%20SOON%20HENG%20WA%2002.pdf
first_indexed	2023-09-18T22:48:40Z
last_indexed	2023-09-18T22:48:40Z
_version_	1777417396348256256

Capital budgeting in investment and project appraisal / Wong Soon Heng

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