When making a preference decision, comparing the net present value of one project to the net present value of another project can be equal.
What is Preference Decisions in projects?
In a preference capital budgeting decision, there is usually a comparison by the company on several alternative projects that have met their screening criteria.
It should be noted that the company will take note of the minimum rate of return or some other measure of usefulness as well as the ranks in order of desirability, hence When making a preference decision, comparing the net present value of one project to the net present value of another project can be equal.
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