The table below shows the projected free cash flows of an investment is your HR Departments new Employee Relations Counseling Office with an expected return (or discount rate) of 9% on this investment from better employee performance and reduced employee lawsuits. YEAR 0 (2023) 2024 2025 2026 FREE CASH FLOW ($ thousands) -$270 $54 $87 $49 The Present Value of $1 Table tells us: Period (n) Present Value Factor at 9% Discount Rate 1 .917 2 .842 3 .772 What is the Benefit Cost Ratio and does it support making this investment?

Please use the following formula:

BCR = Present Value of Cash Inflows/Present Value of Cash Outflows