{"product_id":"2000003499618","title":"Managing Investments: 25 Keys to Profitable Capital Investment","description":"Learn the 25 keys to selecting and managing outside investment, through mergers, acquisitions and project-specific financing, as well as R\u0026amp;D internal investment, for long-term growth and expansion:\u003cp\u003eKey 1. Sound strategy + Timely investment = Shareholder value.\u003cbr\u003e Key 2. Cash flow counts.\u003cbr\u003e Key 3. A dollar today is worth more than a dollar tomorrow.\u003cbr\u003e Key 4. Follow the net present value rule.\u003cbr\u003e Key 5. N.P.V. = Incremental Shareholder Wealth.\u003cbr\u003e Key 6. See your risk as your shareholders see it.\u003cbr\u003e Key 7. Know your cost of capital.\u003cbr\u003e Key 8. The cost of capital is project-specific.\u003cbr\u003e Key 9. Estimate incremental cash flow effects.\u003cbr\u003e Key 10. Don’t forget additional investment in working capital, plant and equipment.\u003cbr\u003e Key 11. Don’t forget terminal value (but don’t overestimate it, either).\u003cbr\u003e Key 12. Include project tax consequences.\u003cbr\u003e Key 13. Inflation: be consistent between cash flows and discount rates.\u003cbr\u003e Key 14. Overseas investment: incorporating exchange rates.\u003cbr\u003e Key 15. Watch out for project options.\u003cbr\u003e Key 16. Know how and when to make replacement investments.\u003cbr\u003e Key 17. Understand the value of R\u0026amp;D.\u003cbr\u003e Key 18. Know where positive N.P.V.s come from.\u003cbr\u003e Key 19. Watch out for biased forecasts.\u003cbr\u003e Key 20. Perform sensitivity analysis.\u003cbr\u003e Key 21. Continue to monitor projects after approval. Key 22. Arrange financing with an eye toward future investment opportunities.\u003cbr\u003e Key 23. Be alert for project-specific financing opportunities.\u003cbr\u003e Key 24. Mergers: understand incremental benefits.\u003cbr\u003e Key 25. Mergers for stock: know how much you are paying.\u003c\/p\u003e\u003cp\u003e\"Managing Investment\" is part of The New York Times Pocket MBA Series, a reference series easily accessible to all businesspersons, from first-level managers to the executive suite. The 12-volume series is written by Ph.D.s who teach in the finest graduate business programs in the country, and edited by business editors from The New York Times. The structure of each volume presents an unparalleled synopsis of crucial principles of specific areas of business expertise.\u003c\/p\u003e","brand":"Listen \u0026 Live Audio, Inc.","offers":[{"title":"Default Title","offer_id":47094010020080,"sku":"2000003499618","price":19.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2000003499618_p0.jpg?v=1763537668","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2000003499618","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}