| Capital budgeting techniques. | |
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MedLine Citation:
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PMID: 9509603 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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The cost of new medical imaging equipment for a radiology practice is a major capital purchase. Due to rapid advances in technology and imaging techniques, the management decision to purchase new capital equipment can present itself every few years. The present report explains various financial management techniques that are generally used by corporations worldwide to determine their cost of capital. The cost of capital is the return on a capital investment project required by the providers of the capital. The published financial accounts of Sonic Healthcare Limited, Australia's largest pathology company, are reproduced as a numerical example of how the financial accounts of a business may be used to determine its cost of capital. The cost of capital forms an integral part of management's financial decision-making process. |
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Authors:
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D Hansen |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Australasian radiology Volume: 42 ISSN: 0004-8461 ISO Abbreviation: Australas Radiol Publication Date: 1998 Feb |
Date Detail:
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Created Date: 1998-04-14 Completed Date: 1998-04-14 Revised Date: 2009-11-11 |
Medline Journal Info:
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Nlm Unique ID: 0047441 Medline TA: Australas Radiol Country: AUSTRALIA |
Other Details:
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Languages: eng Pagination: 38-41 Citation Subset: IM |
Affiliation:
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Macquarie University, School of Economic and Financial Studies, Sydney, New South Wales, Australia. |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Accounting
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methods Australia Budgets* Capital Expenditures* Humans Investments Laboratories / economics* Models, Econometric Pathology, Clinical / economics |
| Comments/Corrections | |
Comment In:
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Australas Radiol. 1998 Aug;42(3):177-8
[PMID:
9727235
]
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From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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