Choose NPV, IRR, BCR or Payback period ??
There are multiple projects your organization is considering for the upcoming fiscal year. Project A has an NPV of $85,000. Project B is a $1 million project and has the benefit cost ratio of 1.6. Project C has an internal rate of return (IRR) of 15%. Project D has a payback period of two years. Based on this information which is the best project to select for execution?
a. Project B
b. Project C
c. Project D
d. Project A
What is the righ answer ???? and why ???