Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Cost-benefit analysis presents data as a ratio to determine financial impact on company profitability. The formula is: cost-benefit ratio = value of projected benefits divided
- Cost-benefit analysispresents data as a ratio to determine financial impact on company profitability. The formula is: cost-benefit ratio = value of projected benefits divided by cost. We have estimated that a training program on sexual harassment will cost $14,000 and result in a savings of $70,000 (the cost of the two settlements we paid last year).
- What is the cost-benefit ratio of this training? (2.5 points)
- What is the return on investment after one year? (2.5 points)
- Do you agree that we can use the amount of our settlements from the prior year as our savings figure? Why or why not? (5 points) (10 points total)
- Break-even analysis.This is the point in which revenue (or s
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started