Revisions in the second Edition:
- A rewritten chapter on depreciation that takes into account new tax laws.
- Increased emphasis on the impact of interest rates and income tax considerations on project evaluation.
- Expanded methodology--including the use of computersÂplus a number of practical, ready-to-use methods for computing depreciation, cash flow, present value, profitability indexes, and more.
- And all the tools of economic analysis you need to evaluate engineering-based proposals and make technically feasible projects into attractive business ventures!
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