Open AccessThe Lillie Mae: A Capital Investment Project In Riverboat Restoration
Author(s) -
Colene L. Coldwell,
Charles J. Delaney,
John T. Rose
Publication year - 2005
Publication title -
journal of college teaching and learning/journal of college teaching and learning
Language(s) - English
Resource type - Journals
eISSN - 2157-894X
pISSN - 1544-0389
DOI - 10.19030/tlc.v2i1.1771
Subject(s) - capital budgeting , capital (architecture) , investment (military) , capital investment , finance , capital expenditure , software , economics , actuarial science , business , computer science , political science , archaeology , project appraisal , politics , law , history , programming language
This case involves a proposed capital investment project. It was written for use in an introductory business finance course to present students a capital budgeting scenario involving elements of both an expansion project and a replacement project that is more complex than the usual textbook problems. It also provides students an exercise in the application of standard spreadsheet software to a common analytical problem in corporate finance, namely, a proposed capital expenditure.