The Economic Analysis Of
Capital Expenditures for Managers and Engineers
by
Dr G.T Stevens, Jr.

This book is intended for use as a text in economic analysis. It is primarily concerned with the techniques for evaluating and comparing capital investments. There are many books that consider these techniques, and from this standpoint this book is not unique. However, it does have some features that are not usually included in a Book of this type. These are (1) explicit definitions of equity, operating, and total cash flows and (2) A detailed discussion of minimum annual revenue requirements and their use in the evaluation of projects. This book also includes certain new tax regulations that are related to capital investments.

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