The decision rule for net present value declares that a project is acc
The decision rule for net present value declares that a project is acceptable if:
A) it pays back within a specified time period.
B) the rate of return is greater than the firm’s cost of capital.
C) the present value of the cash inflows exceeds the initial cash outflow.
D) all of the statements above are true.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.