Capital budgeting investments are feasible if, after capital budgeting analysis, the:
(a) Present value of the benefits > the present value of thecosts.
(b) Present value of the costs > the present value of thebenefits.
(c) Present value of the costs < the present value of thebenefits.
(d) Both (a) and (c) above.
(e) Both (a) and (b) above.