<p>This episode presents various methods for evaluating capital investment projects. It <strong>explains non-time value methods</strong>, such as the payback method and accounting rate of return, alongside <strong>time value methods</strong>, including net present value and internal rate of return. We <strong>illustrate these methods with numerous examples</strong> and <strong>compare their strengths and weaknesses</strong>, guiding readers through the decision-making process for selecting the most profitable investment opportunities. Finally, we <strong>discuss ethical considerations</strong> in capital budgeting decisions.</p>
