Net Present Value (NPV):
NPV is used in determining cash inflows and outflows of business finance. It is the sum of the present value of the net cash flow of each time period. The project is said to be financially attractive with the high NPV...
Strengths and weaknesses of NPV and IRR:
Strength  Weakness  
NPV 


Justification:
Net profit value includes higher rank than Rate of return because NPV includ...