共查询到20条相似文献,搜索用时 15 毫秒
1.
2.
Calvin M. Boardman Walter J. Reinhart Stephen E. Celec 《Journal of Business Finance & Accounting》1982,9(4):511-522
The payback period has been a widely used capital budgeting tool in the analysis of capital projects. It has come under criticism for its inablility to consider all the project's flows in a present valued context. The purpose of this article is to present the duration measure in a capital budgeting framework and show how it is related to the payback period. The relationship is shown analytically and empirically. As a result, the payback period assumes a new identity which goes far to overcome the objections historically levied against it. 相似文献
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.