Capital Budgeting Techniques for Forestry: A Review
The key steps in the financial analysis of proposed capital expenditures are presented as well as the conditions under which the net present value or internal rate of return is the appropriate decision criterion. Factors which affect the choice of the discounting interest rate for cash flows are also reviewed.
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Document Type: Journal Article
Affiliations: Operations Research Analyst, USDA Forest Service, Southeastern Forest Experiment Station, Athens
Publication date: 1979-11-01
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- Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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