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

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