Conceptual objectives:

1. Describe the selection of a hurdle rate for an investment

Analytical objectives:

1. Analyze a capital investment project using break-even time.

Procedural objectives:

1. Compute payback period and describe its use
2. Compute accounting rate of return and explain its use.
3. Compute net present value and describe its use.
4. Compute internal rate of return and explain its use.