The net present value $($NPV$)$ rule is considered one of the most common and preferred criteria that generally lead to good investment decisions.

Consider this case:

Suppose Celestial Crane Cosmetics is evaluating a proposed capital budgeting project $($project Beta$)$ that will require an initial investment of $$3,225,000.$ The project is expected to generate the following net cash flows:

$\backslash$table$[[$Year$,$Cash Flow$],[$Year $1,$$$300,000$