Methods of capital budgeting

Predmet ovog završnog rada je postupak budţetiranja kapitala koji se odnosi na ocjenu financijske učinkovitosti povezane s investicijskim projektima. U skladu s tim, u prvom su teorijskom dijelu predstavljene metode i postupci kapitalnog budţetiranja, dok su u drugom stručnom dijelu ovog rada odabrane metode kapitalnog budţetiranja s ciljem procjene financijske učinkovitosti dvaju hipotetskih investicijskih projekata. Primijenjene financijske metode su: pravilo razdoblja povrata, pravilo diskontiranog perioda povrata, neto sadašnja vrijednost, indeksna profitabilnost i interna stopa povrata.The subject of this final paper is the process of capital budgeting that refers to the assessment of financial efficiency related to investment projects. Accordingly, in the first theoretical part of this paper the capital budgeting methods and procedures have been presented, while in the second professional part of this paper the selected capital budgeting methods have been applied with an aim to assess the financial efficiency of two hypothetic investment projects. The implemented financial methods are: the payback period rule, the discounted payback period rule, the net present value, the index profitability and the internal rate of return