Michener Company uses the internal rate of return method. What is the decision rule for this method?

Question:

Michener Company uses the method. What is the decision rule for this method?

Internal Rate of Return
Internal Rate of Return of IRR is a capital budgeting tool that is used to assess the viability of an investment opportunity. IRR is the true rate of return that a project is capable of generating. It is a metric that tells you about the investment...