Question: Using the net present value method, the total present value of cash inflows for Project A is $30,000 and the total present value of cash
Using the net present value method, the total present value of cash inflows for Project A is $30,000 and the total present value of cash inflows of project b is $36,000. If project a and project b both require an initial investment of $30,000 and have the same economic life, the project that should be accepted is
A. Project A
B. Project B
C. neither; they are both the same
D. not capable of being calculated
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