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Which of the following statements is false? Select one: a. If a firm's target average accounting return is less than that calculated for a given

Which of the following statements is false? Select one: a. If a firm's target average accounting return is less than that calculated for a given project then the project should be accepted. b. If a project has a profitability index greater than one the project should be accepted. c. If the NPV of a project is positive, it should be accepted. d. If the cost of capital is greater than the IRR, the project should be accepted. e. If a project has a payback which is faster than the company requires the project should be accepted.

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