Under Net present value criterion, a project is approved if Select one: a. If present value is zero b. None of the option c. Its net present value is positive d. If present value of cash outflow is higher than inflow e. Its net present value is negative

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter12: Capital Investment Decisions
Section: Chapter Questions
Problem 16MCQ: Using IRR, a project is rejected if the IRR a. is equal to the required rate of return. b. is less...
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Under Net present value criterion, a project is approved if
Select one:
a. If present value is zero
b. None of the option
c. Its net present value is positive
d. If present value of cash outflow is higher than inflow
e. Its net present value is negative
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