This unified examination of economic analysis principles from a cash flow viewpoint, provides a systematic, 7-step approach for performing a comparison of investment alternatives. It offers comprehensive coverage of cost concepts, inflation, ACRS and modern methods of depreciation, income taxes, economic analysis. It features more current economy examples, a new chapter on reality issues, and new material on non-manufacturing examples.

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This unified examination of economic analysis principles from a cash flow viewpoint, provides a systematic, 7–step approach for performing a comparison of investment alternatives. It offers comprehensive coverage of cost concepts, inflation, ACRS and modern methods of depreciation, income taxes, economic analysis. It features more current economy examples, a new chapter on reality issues, and new material on non–manufacturing examples.

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