NPV lets you know in today's dollars how much better off or worse off you will be if you accept a project.

Name: NPV lets you know in today's dollars how much better off or worse off you will be if you accept a project.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

NPV (Net Present Value) calculates the present value of future cash flows from a project, minus the initial investment, to determine the profitability of a project in today's dollars, indicating whether you will be financially better off or worse off by accepting the project.

NPV Lets You Know in Today's Dollars How Much Better