Which of the following capital budgeting techniques is the


1. Which of the following capital budgeting techniques is the most appropriate one for evaluating projects?

Accounting rate of return

Internal rate of return

Net present value

Payback period

2. If a project’s IRR exceeds its _____, the project should be _____.

cost of capital; accepted

cost of capital; rejected

MIRR; rejected

NPV; accepted

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Financial Management: Which of the following capital budgeting techniques is the
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