Applies the principles learned in TSYH 4720 to problems in comparison of alternatives; viability of investment and rate of return; the study of depreciation for the purpose of assessing lease/purchase alternatives and equipment replacement.
Below is one offering of TSYH 4721 for the Spring/Summer 2022 term.
Start any time
- 26 weeks
- CRN 20147
Continuous Entry, Distance or Online
This is a distance learning course. Start any time. You have 26 weeks from the date you register to complete this course.
Course outline TBD — see Learning Outcomes in the interim.
- Correspondence format.
- Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.
Upon successful completion, the student will be able to:
Module 6 - Introduction to Evaluation Techniques
- Determine the Payback Period, simple Rate of Return, Net Present Value, Benefit Cost Ratio, and Internal Rate of Return from descriptions of before tax cash flow schemes.
- Identify the advantages and disadvantages of the commonly used techniques of evaluation.
Module 7 - Evaluation of Proposals with Differing Lifetimes
- Evaluate proposals with differing lifetimes using the method of Lowest Common Multiple of Lifetimes.
- Evaluate proposals with differing lifetimes using the method of Capitalized Costs.
- Evaluate proposals with differing lifetimes using the method of Equivalent Uniform Annual Worth.
Module 8 - Cash Flows after Taxes
- Determine Capital Cost Allowances using the Straight Line and Constant Rate methods.
- Prepare cash flows after taxes (CFAT) schedules from text descriptions.
- Perform NPV evaluations incorporating income taxes for single item accounting and grouped assets accounting.
Module 9 - Replacement Evaluation
- Evaluate replacement of asset proposals in the before tax situation.
- Determine EUAC for assets belonging to a grouped CCA class in the after tax situation.
- Determine the optimal placement policy for new assets in the after tax situation.
- Evaluate replacement of existing asset.
Effective as of Fall 2003
Engineering Economics Part 2: Introduction to Engineering Economics (TSYH 4721) is offered as a part of the following programs:
School of Construction and the Environment
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Programs and courses are subject to change without notice.