Which of following about investmentcriteriaare CORRECT?

Check all that apply:

profitability index will be greater than 1.0 when IRR exceeds the required return

when required return is less than internal rate of return, the project is acceptable

when profitability index is positive, the project is acceptable

when payback period exceeds the required period, the project is acceptable

when IRR is positive, the project is acceptable

to compute Profitability Index, you need to know IRR.

when net present value equal the initial cash outflow, the project is acceptable