Do a cost-benefit analysis (assume the following numbers for 4 years of useful life after the project is developed). Compute the present value of cash flows (using an interest rate of 9%), NPV, ROI, and break-even point. Should this project be approved by the approval committee? Why or why not?

Do a cost-benefit analysis (assume the following numbers for 4 years of useful life after the project is developed). Compute the present value of cash flows (using an interest rate of 9%), NPV, ROI, and break-even point. Should this project be approved by the approval committee? Why or why not?

enents 30,000 15,000 45,000 41,284 33,000 15,000 48,000 40,401 36,300 15,000 51,300 39,613 39,930 15,000 54,930 38,914 Increased Sales Reduced Inventory Total Benefits Present Value Total Benefits Development Costs Systems Analysts Programmer Analysts GUI Designer Telecommunications Specialist System Architect Database Specialist System Librarian Development Training Hardware Software Total Development Costs Operational Costs Labor: Programmer Analysts Labor: System Librarian Hardware Maintenance Software Maintenance Preprinted Forms 40,000 35,000 8,000 2,500 5.000 675 3,750 14,000 18,700 15,650 143,275 9,643 325 8,750 300 995 525 3,300 9,100 312 995 525 3,300 995 525 3,300 9,843 337 995 525 3,300