Use the following information for the next four questions. Norlin Corporation is considering an expansion project that will begin next year (Time 0). Norlin's cost of capital is 12%. The initial cost of the project will be $250,000, and it is expected to generate the following cash flows over its five-year life:
a. a (250 = 40 + 60 + 90 + 60/90; = 3.67 years) b. b (CFo = -250; C01 = 40; C02 = 60; C03 through C05 = 90; I/Y = 12%; NPV = 5,871) c. d Same as above; IRR = 12.83% d. a (255,871/250,000 = 1.02)
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Which of the following statements is true of contemporary HR executives?
A) They are regarded as second-class corporate citizens. B) They are tasked with developing policies that promote ethnocentrism in the workplace. C) They are required to possess general management abilities that reflect conceptual, diagnostic, and analytical skills. D) They are concerned exclusively with hiring first-line employees such as blue-collar workers and unskilled labor.
The project manager has several tools for developing good _____ information-based on numbers and measurements-such as the project schedules, budgets and budget reports, risk analysis, and goal tracking.