Need answer ! If the Net Present Value (NPV) of a project is positive, it indicates: A. The project is unprofitableB. The project is financially viableC. The project has no riskD. The project will increase costs

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter12: Capital Investment Decisions
Section: Chapter Questions
Problem 16MCQ: Using IRR, a project is rejected if the IRR a. is equal to the required rate of return. b. is less...
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Need answer !

If the Net Present Value (NPV) of a project is positive, it indicates:

A. The project is unprofitable
B. The project is financially viable
C. The project has no risk
D. The project will increase costs 

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