You are a member of a project selection committee that uses the net present value technique.
Using this approach, the project is acceptable if the______________
A. Sum of the net present value of all estimated cash flow during the life of the project equals the profit
B. Net present value of the inflow is greater than the specified amount or percentage threshold
C. Gross present value of all future expected cash flow divided by the initial cash investment is greater than one
D. Net present value of the inflow is less than the specified amount or percentage threshold
Using this approach, the project is acceptable if the______________
A. Sum of the net present value of all estimated cash flow during the life of the project equals the profit
B. Net present value of the inflow is greater than the specified amount or percentage threshold
C. Gross present value of all future expected cash flow divided by the initial cash investment is greater than one
D. Net present value of the inflow is less than the specified amount or percentage threshold