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Learning Goal: I’m working on a finance writing question and need an explanation and answer to help me learn.As we are preparing to use the Figures of Merit to evaluate capital investment projects, please discuss the following:What makes a Net Present Value acceptable and why do we use it in project evaluation?
What does the Benefit Cost Ratio tell you about a project?
How would you explain a BCR of 1.76 as a profitability index?
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