Will it increase the value of the business? An organisation that does not ask this question before making capital expenditure may not stay in business very long. This book looks at methods which organisations can use to assess whether proposed projects and investments will add value to the business.Looking at how we analyse the expected returns from capital expenditure to produce evidence about whether or not the expenditure should proceed. Topics covered include how WACC and CAPM can be used to find a discount rate and ARR, NPV, IRR and discounted payback, and their relative merits and drawbacks