Net present value $($NPV$)$ analysis of multiple investment options follows which of the following steps?

First, check if NPV $>$ O then rank all options with NPV $>$ O

First, check if NPV $=0$ then rank all options with NPV $=0$

First, check if NPV $<mtext></mtext><mn>0</mn>$ then rank all options with NPV $<mtext></mtext><mn>0</mn>$

First, check if NPV $>1$ then rank all options with NPV $>1$