ITech Geek, like many firms, favors IRR as their capital budgeting methodology. They seem confused as to why NPV is the superior capital budgeting methodology between the two. Explain to ITech Geek management why NPV is superior to IRR as a capital budgeting methodology.

Answer rating: 100% (QA)

Answer Net present value is a superior method then the internal rate of return because A Internal ra... View the full answer