From the course: Accounting Foundations: Making Business Decisions Using IRR and NPV

Making informed business decisions

From the course: Accounting Foundations: Making Business Decisions Using IRR and NPV

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Making informed business decisions

- Should I invest some money now to put solar panels on my house? - Should an international hotel chain spend money to build a new hotel in Uzbekistan? - Should we have spent our savings back when we were teenagers to buy up farm property in our hometown? - How do businesses structure their decision making process as they decide whether to spend millions of dollars now in the hope of getting a return on their investment in the future, sometimes the far future? - Hi, I'm Jim Stice. I'm a professor of accounting at Brigham Young University. This is my brother, Kay. - I'm also a professor of accounting at Brigham Young University. - Come, join us on LinkedIn Learning and we will show you how to use net present value. - Or NPV. - And IRR. - Or internal rate of return. - Analysis to structure long-term decisions.

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