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Quiz 2

Total questions: 5

Worksheet time: 47mins

Name
Class
Date
1.

You manage a hotel resort located on the South Beach on the Island of Kauai in

Hawaii. You are shifting the focus of your resort from a traditional fun-in-the sun

destination to eco-tourism. (Eco-tourism focuses on environmental

awareness and education.) How would you classify the following projects in

terms of compliance, strategic, and operational?

a. Convert the pool heating system from electrical to solar power is ________

b. Build a 4-mile nature hiking trail is __________

c. Update all the bathrooms in condos that are 10 years or older is _________

(a)  

2.

A five-year project has a projected net cash flow of $15,000, $25,000, $30,000,

$20,000, and $15,000 in the next five years. It will cost $50,000 to implement the

project. If the required rate of return is 20 percent, conduct a discounted cash

flow calculation to determine the NPV.

a)

12,598

b)

12,859

c)

12,895

d)

13,200

3.

Two new software projects are proposed to a young, start-up company. The

Alpha project will cost $150,000 to develop and is expected to have annual net

cash flow of $40,000. The Beta project will cost $200,000 to develop and is

expected to have annual net cash flow of $50,000. The company is very

concerned about their cash flow. Calculate the payback period for both?

a)

3.75 and 5

b)

4 and 3.65

c)

3.89 and 4

d)

3.75 and 4

4.

Pros and cons of the checklist method of

selecting projects.

a)

Flexible

b)

Applies over a wide range of different types of projects, divisions, and locations

c)

Impossible to rigorously compare and rank project by priority

d)

All are right

5.

Pros and cons of the weighted factor methods of

selecting projects.

a)

Allows comparison and ranking of potential projects

b)

Open system and

allows for self-evaluation of proposed project

c)

Power and politic games are exposed.

Downloaded

d)

Applies over a wide range of different types of projects, divisions, and locations