Capital Budgeting for Vehicle Inspection Stations with Monte Carlo Simulationafter Privatization in Turkey

Özet

Financial managers want to determine the profitability of fixed asset investments. Capital budgeting provides significant information for financial managers in terms of fixed asset investment profitability. Thus, a firm’s position in the future is closely related to capital budgeting decisions. Misuse of funds for fixed asset investments may result irrecoverable results for firms. Monte Carlo simulation is an objective and powerful method in capital budgeting analysis. This study provides an application of Monte Carlo simulation in capital budgeting process for vehicle inspection station…

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