Financial techniques for evaluating equipment acquisitions.
The author explains various financial techniques that can be used to evaluate equipment acquisitions. She also introduces the concept of the time value of money and explains how incorporating this concept into the analysis can provide nurse executives with a better perspective of the factors involved in committing organizational funds to long-term capital purchases.
Pelfrey
S
S
Oakland University, Rochester, Michigan.
D002017:Budgets; D002202:Capital Financing / Q000458:organization & administration / Q000592:standards*; D003362:Cost-Benefit Analysis; D003659:Decision Making, Organizational; D004864:Equipment and Supplies / Q000191:economics*; D006801:Humans; D007860:Leasing, Property / Q000191:economics; D009718:Nurse Administrators / Q000379:methods*