Which of the conclusions is correct for norris inc

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Problem 1: Norris Inc. calculated the net present value for a potential investment project, which is estimated to yield a negative amount of ($1,000). Which of the following conclusions is correct?

Option 1: The internal rate of return is likely adequate.

Option 2: The discounted payback period exceeds the investment's useful life.

Option 3: The accounting rate of return is less than the hurdle rate.

Option 4: The present value of the net cash inflows is greater than the present value of the net cash outflows.

Reference no: EM132939830

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