Planning Capital Expenditures for Future Earnings

The managements of industrial enterprises, in their ceaseless efforts to improve earnings on invested company capital, will recognize the importance of the evaluation stages here described. The pursuit of an endeavor may carry the element of catastrophe or the assurance of success, depending on the...

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Bibliographic Details
Published inNACA bulletin Vol. 36; no. 7; p. 918
Main Author Schultz, John M
Format Journal Article
LanguageEnglish
Published New York Institute of Management Accountants 01.03.1955
Subjects
Budgets
Capital expenditures
Capital structure
Corporate profits
Earnings
Financial management
Investments
Methods
Planning
Proposals
Rates of return
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Summary:The managements of industrial enterprises, in their ceaseless efforts to improve earnings on invested company capital, will recognize the importance of the evaluation stages here described. The pursuit of an endeavor may carry the element of catastrophe or the assurance of success, depending on the wisdom of the men behind the scenes who plan today for tomorrow's profits.