l****q
发帖数: 767 | 1 各位牛牛，我想问个BEC第三章的问题：
becker 2007版的书上b3-23说
A project that meets qualitative management criteria for investment (e.g.
mandated technology investments) is purely subject to financing, rather than
capital budgeting, considerations.
我不明白这句话，哪位能帮忙解释一下。谢谢了！！！ | l****q
发帖数: 767 | 2 Looked up capital budgeting, and now I understand it in this way:
The qualitative investment is subject to financing because management does
not have money on hand, so management cannot count the quantity. They
consider the investment to see if it's worth of fiancing. Manement, on the
contraray, uses discounted rate for NPV to consider an investment, which is
more about quantity desirable investment.
Please feel free to comment. Thanks! |
|
