Explain why comparing the projects npvs


Suppose a company has five different capital budgeting projects from which to choose but has constrained funds and cannot implement all of the projects. Explain why comparing the projects' NPVs is better than comparing their IRRs. How is the IRR determined if there are uneven cash flows? Why does the failure to consider soft benefits discourage investment?

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Accounting Basics: Explain why comparing the projects npvs
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