How to choose the investment that will give the best return is a
problem faced by all businessmen. Yet for the small businessman in
particular, the literature on capital budgeting intended to help
him in his investment decisions seems not to apply to his actual
situation. Here in this study, theory and practice are brought
together within the context of small business. Author Martin B.
Solomon Jr. compares two theoretically sound formulas -- present
value and the discounted rate of return -- with simpler methods of
calculating the returns on investments. The superiority of the
refined methods, he points out, is practically nullified under the
usual conditions of uncertainty. The primary need of the small
businessman, Solomon concludes, is not for better methods of
ranking alternatives but for the reservation of a portion of his
time for seeking a variety of investment opportunities through the
greater exercise of imagination and creativity.
General
| Imprint: |
The University Press of Kentucky
|
| Country of origin: |
United States |
| Release date: |
July 2014 |
| First published: |
July 2014 |
| Authors: |
Martin B. Soloman
|
| Dimensions: |
203 x 127 x 10mm (L x W x T) |
| Format: |
Paperback
|
| Pages: |
160 |
| ISBN-13: |
978-0-8131-5473-2 |
| Categories: |
Books >
Social sciences >
Politics & government >
General
|
| LSN: |
0-8131-5473-1 |
| Barcode: |
9780813154732 |
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