Answer in short concise posting of between 75 to 100 words, with your supporting rational the following two questions: Be sure to include at least one cited relevant reference.
1. In your own words contrast the strengths and weaknesses of three major capital budget decision models as compared against the NPV model.
2. Given the Net Present Value (NPV) method of capital budget analysis is superior to the Internal Rate of Return (IRR) method; explain why so many companies still use the IRR Method.