In Comparing Two Investments,a Commonly Used Guideline Is to Accept

question 108

Multiple Choice

In comparing two investments,a commonly used guideline is to accept the investment with the ____.

• A) higher NPV
• B) higher IRR
• C) lower NPV
• D) either a.or b.

---

Definitions:

Current Liabilities

Obligations or debts that a company is expected to pay within one year or within its normal operating cycle, whichever is longer.

Balance Sheet

A summary report detailing a firm's assets, liabilities, and equity of shareholders at a certain time.

Sales Manager

An individual who directs an organization's sales team, oversees its operations, and strives to achieve sales targets through planning and implementing sales strategies.

Salary

A fixed regular payment, typically paid on a monthly or biweekly basis, made by an employer to an employee, especially a professional or white-collar worker.