If you run a small business, you realize early that money can be scarce and you must deploy it wisely. You may want to invest in one or more new projects or expansion ideas but have only limited funds ...

Investment appraisal is a way that a business will assess the attractiveness of possible investments or projects based on the findings of several different capital budgeting and financing techniques.

https://doi.org/10.2307/2582185 • https://www.jstor.org/stable/2582185 Copy URL The application of traditional techniques of capital-investment appraisal to new ...