An important advantage of the net present value method of capital budgeting over the internal rate-of-return method is

ACCOUNTING

Multiple Choice

An important advantage of the net present value method of capital budgeting over the internal rate-of-return method is

a. the net present value method is expressed as a percentage.

b. the net present values of individual projects can be added to determine the effects of accepting a combination of projects.

c. no advantage.

d. both (a) and (b).

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