Roughly what is Nordstrom's Criterion? O The depreciation used to calculate an asset is based on double declining balance followed by single declining balance O Greater Risk is generally associated with greater reward Two projects are comparable as long as they have the same planning horizon IRR has a single root if the cumulative cash flow starts negative, becomes positive and stays positive O A choice for a project can be considered a viable candidate as long as the FW of the project is positive

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Roughly what is Nordstrom's Criterion?
O The depreciation used to calculate an asset is based on double declining balance followed
by single declining balance
O Greater Risk is generally associated with greater reward
Two projects are comparable as long as they have the same planning horizon
O IRR has a single root if the cumulative cash flow starts negative, becomes positive and
stays positive
O A choice for a project can be considered a viable candidate as long as the FW of the
project is positive
Transcribed Image Text:Roughly what is Nordstrom's Criterion? O The depreciation used to calculate an asset is based on double declining balance followed by single declining balance O Greater Risk is generally associated with greater reward Two projects are comparable as long as they have the same planning horizon O IRR has a single root if the cumulative cash flow starts negative, becomes positive and stays positive O A choice for a project can be considered a viable candidate as long as the FW of the project is positive
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