Canada Corp.s management has determined that two mutually exclusive projects have the following NPV:

Project A NPV $12,000 Project B NPV $10,000 Which best describes the correct managerial decision given the information above?

	a.	Accept B, and reject A, since project B has a lower NPV than project A.
	b.	Accept both projects since the NPV of A will offset any potential losses resulting from B.
	c.	Accept A, and reject B, since since project B has a lower NPV than project A.
	d.	Reject both projects since both projects must have an NPV greater than $20,000.