ABFM: Concepts and Practice · Part B: Advanced Financial Management
Chapter 9: Capital investment: cash flows
Getting a project’s cash flows right: what counts, the outlay, operating and terminal flows, and replacement decisions.
Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.
In this chapter
- 9.1Capital investment decisionsp. 115
- 9.2The rules for relevant cash flowsp. 116
- 9.3Outlay, operating and terminal flowsp. 117
- 9.4Replacement and the tax shieldp. 118
- 9.5Budgets, forecasts and project costp. 119
- Exam traps and quick checksp. 120
- Practice: 16 questions in three roundsp. 121
- Answers, with every wrong option explainedp. 123
- Make it stickp. 125
- Chapter 9 on one pagep. 126
Corrections and updates
None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.