To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. Spring and Summer PTS classes are being delivered in an online format unless you are notified otherwise.
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.
Students may register at any time throughout the year and have a maximum of 52 weeks from the date of registration to complete the course. To register by phone, please call Student Information & Enrolment Services at 1-866-434-1610 or 604-434-1610. Please note that the above price is for tuition only; textbooks and materials are additional. Course materials and textbooks are not shipped automatically, you must order them from the BCIT Bookstore: www.bcitbookstore.ca/distance
Important course information will be sent to you immediately after registering.
Check your myBCIT email account to access this
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
TSYH 4721 is offered as a part of the following programs:
If you have a comment or question about this course, please complete and submit the form below.
Interested in being notified about future offerings of TSYH 4721 - Engineering Economics Part 2: Introduction to Engineering Economics?
If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.