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17) Which of the statements below describes the correct capital budgeting decision rule? A) Accept a project if the IRR is greater than the NPV
17) Which of the statements below describes the correct capital budgeting decision rule? A) Accept a project if the IRR is greater than the NPV B) Accept a project if the cost of capital exceeds the IRR C) Reject a project if the cost of capital is less than the NPV D) Reject a project if the hurdle rate is above the IRR 9) A review of Sanibel Corporation's ne t profit margin shows that it decreased from 2016 to 2017. This could have been the result of A) both net incom B) Sanibel being able to generate earnings e and sales having increased in 2017, but with sales growing at a faster pace. from each dollar of sales in bel managing its operations more efficiently in 20017 erations more efficiently in 2017 than in 2016. D) None of the above would be consistent with a decrease in the net proft
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