ACCT 346 Week 5 DQ 2 Capital Budgeting Techniques

This document of ACCT 346 Week 5 Discussion Question 2 Capital Budgeting Techniques comprises:

Suppose a company has 5 different capital budgeting projects from which to choose, but has constrained funds and cannot implement all of the projects. Explain why comparing the projects' NPVs is better than comparing their IRRs.