( ) .
1. (, , , , );
.
= () . (4.1)
| () = | |
1. (Payback ): (2.1)
| = | |
| Cash flow |
Cash flow , .
()
(. 2).
5. EVA:
EVA t = NOPAT (WACC* IK t) (2.2)
NOPAT- ;
WACC ;
IK -
6. Cash flow (2.3)
 |
8.3
3.1.
3.2.
3.3.
ϳ : , .
, , , , .
, :
/ < = 1
 |
Ø / > = 1
|
, .
:
)
|
|
|
+ ) / >=1
) , , , :
( + ) / ( + ) > = 1
.
