Instruction
Wk 10 (2 pages)
Provide a brief description of a major capital investment, e.g., property, buildings, building additions, equipment, software, or technology that will last more than a year, that you might recommend for the organization. Then, analyze its potential 3 pay-offs and 3 risks, and explain how the organization might mitigate those risks.
Mikesell, J. L. (2014). Fiscal administration: Analysis and applications for the public sector (9th ed.). Boston, MA: Wadsworth. Chapter 7, "Capital Budgeting, Time Value of Money, and Cost-Benefit Analysis: Process, Structure, and Basic Tools" (pp. 299337)
Chapter 15, "Debt Administration" (pp. 634675)