Making long-term capital investments decision is best evaluated without recognizing the time value of money. The correct answer is false.
Capital investment is defined as an investment that is used in order to acquire a long-term capital or fixed asset such as building, land, vehicle or machinery or equipment in an attempt to expand or grow the business. When considering purchasing a fixed asset for capital investment, a company must consider the time value of money, which means that the same amount of money is worth more now than it will be later on in the future, meaning that a delayed investment now will translate into a more expensive and more opportunity cost in the future.
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