The Effect Of Capital Budgeting Decissions On The Firm's Profit Ability A Survey Of Selected Manufacturing Companies In Mogadishu, Somalia

TABLE OF CONTENTS

Title page

Cove page .. . . ....... .... ... . .. ............... . ........ . . ........... .. ... . .. . ..... . .... . .. ... ... .

Declaration .. ..... . . .. .. ... .. . ........ .. .. . ................ . .................. . ........ .. ... .. .... .i

Approval. . ... . . . . .. .. . ....... . ... .. ... . .... .. . . ... ... . .. .. ..... . . .... . .... ......... . ......... . .... .ii

Dedication ... . . ........ . . . ....... ...... .. . . .... .. . . .... . ...... . .. . . .. .. .. .. . . . . .. .. ..... ........ .iii

Acknowledgement ... . . . .. .. . ..... . .... . . ... . . . ... ... . .. .. . . . . .... . ... .. .. .. ....... .. . ... . .... ... .iv

Table of content ............... . . . .............. . ... . . .. ... . . . . . . . .............. . . ........ . . . ... .. v

CHAPTER 1: INTRODUCTION .... . . . ... . ... .. .. .. ...... .................................... l

1.1 Background of the Study ................. . ..... . . . ... . ...... . . .............. . . ..... ...... .. .. .1

1.2 Proble1n Statement ... . ............................. . .... . ..................... . ............ . .... 3

1.3 Purpose of the Study .. ........ .. ........ . ...................... . ............. .. .. ... .. . . .. .. . ... 3

1.4 Specific Objectives . .. . . .. . .. . .......... . ....................................... ............ . .... 3

1.5 Research Questions ...... . ... . ..... . ..................... ...... . .... . ........ . ..... . ........ . .... 4

1.6 Significance of the Study . . .. . .... .. ... ......................................... . . .............. 4

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1. 7 Scope of the Study ............ . ... . .................. . .......... . .... . . . ............... . ... ..... 5

1.8 Conceptual Framework ..... .................. ............. ... ...... .... ....... ............. ..... 6

CHAPTER 2: LITERATURE REVIEW ...................................................... 8

2.1 Introduction ....... . ........... . ........ . .. . ...................................................... 8

2.2 Overview of Capital budgeting Decisions ........... .............. ... ....... ................ 8

2.3 Replacetnent of Assets ........................................................................ 10

2.4 Critical review .............................................................. . . ... . ...... . .... . 29

CHAPTER 3: RESEARCH METHODOLOGY ..................................... 31

3.1 Introduction ................................................................................................................. 31

3.2. Research Design . . .. ... ....... .. .......... ........ . ............ ........ .... ... ..... . ........... 31

3.3 Target Population ............................................................................. .31

3.4 Sampling Design and Procedure ..................................... . ...................... 32

3.5 Data Collection Instmment .............................................. . ................... 33

3.5.1 Data collection Procedw·es ............................ .................. ........................................... 34

3.5.2 Validity and Reliability ......... . . ......... .......... . .... . ................................ 34

3.5.3 Ethical Consideration . ............. . ......................... . . . . .. . . .... . .. ....... .. ... ... 34

3.6 Data Analysis ..... . ............. . ... .. .................. . ...................................... 35