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Anvisha [2.4K]
3 years ago
6

In a project charter, the _____ describes the project and justifies why the project should be done.

Business
1 answer:
g100num [7]3 years ago
5 0
In the project charter, the Purpose best describes the project provides justification for it.

The purpose is a detailed document which covers the following areas:

1. Reason to undertake the project
2. Project benefits
3. Objectives of the project
4. Problems and constraints of the project
5. Main stakeholders
6. Budget and budget spending authorities
7. A Risk matrix
8. Solutions
9. Items of scope

Overall, the document provides a detailed picture to a project manager.
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You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest. a. How much wil
Ganezh [65]

Answer:

Final Value= $483,603.80

Explanation:

Giving the following information:

You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest

We need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= 4,700

n= 25

i= 0.103

FV= {4,700*[(1.103^25)-1]} / 0.103= $483,603.80

4 0
3 years ago
Consider Pacific Energy Company and Atlantic Energy, Inc., both of which reported earnings of $961,000. Without new projects, bo
lys-0071 [83]

Answer:

A. 7.14

B. 7.96

C.8.71

Explanation:

A. Calculation for the the current PE ratio for each company

First step is to find the market value of the stock using this formula

Market value of stock=Earnings/Return percentage

Let plug in the formula

Market value of stock =$961,000/0.14

Market value of stock =6,864,285

Last step is to find the current PE ratio for each company using this formula

Current PE ratio=Market value of stock/Earnings

Let plug in the formula

Current PE ratio=6,864,285/$961,000

Current PE ratio=7.14

Therefore the Current PE ratio is 7.14

B. Calculation for the new PE ratio of the company

First step is to find the market value of the stock using this formula

Market value of stock =(Earnings+Additional earnings) /Return percentage

Let plug in the formula

Market value of stock =($961,000+$111,000) /0.14

Market value of stock=$1,072,000/0.14

Market value of stock=7,657,142

Last step is to find the new PE ratio of the company using this formula

New PE ratio=Market value of stock/Earnings

Let plug in the formula

New PE ratio=7,657,142/$961,000

New PE ratio=7.96

Therefore the New PE ratio is 7.96

C.Calculation for the new PE ratio of the firm

First step is to find the market value of the stock using this formula

Market value of stock =(Earnings+Increase in earnings) /Return percentage

Let plug in the formula

Market value of stock =($961,000+$211,000) /0.14

Market value of stock=$1,172,000/0.14

Market value of stock=8,371,428

Last step is to find the new PE ratio of the company using this formula

New PE ratio=Market value of stock/Earnings

Let plug in the formula

New PE ratio=8,371,428/$961,000

New PE ratio=8.71

Therefore the New PE ratio is 8.71

7 0
3 years ago
In capital budgeting, the accounting rate of return (ARR) decision model: Incorporates the timing of cash flows. Considers the t
fomenos

Answer:

Incorporates the timing of cash flows.

Explanation:

The Accounting Rate of Return uses accrual accounting in order to determine net income instead of actual cash flows like the NPV, payback period or IRR.

ARR = average annual income / average investment.

For example, an increase in accounts receivable is not considered an increase in net cash flows, but it is considered part of total revenue which increases net income

5 0
3 years ago
The classical economists felt that saving would be equal to investment because
lozanna [386]
<span>Classical economists felt this way because of the idea of 'interest rate flexibility'. This means that the classical economists believed in the idea that the economy would even itself out, or that the economy was 'self-regulating'. This lends itself to the idea that saving would be equal to investment because it does not take into consideration any shift in the economy.</span>
6 0
4 years ago
A project to put on a major international sporting competition has the following major deliverables: Sports Venues, Athlete Acco
11Alexandr11 [23.1K]

Answer  & Explanation:

Deliverable I choose is Event.

Answer is explained and draw in attached document.

Hope you like it. :)

Download docx
7 0
3 years ago
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