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This is a new question can you please answer it with this numbers thanks You are the head of project selection for Broken Arrow Records
This is a new question can you please answer it with this numbers thanks
You are the head of project selection for Broken Arrow Records (BAR). Your team is considering three new projects, each with a unique sound and style. Based on past history, management requires a 20% rate of return. Additionally, they have allocated $1 million toward the production of these albums. Finally, management wants you to find new talent without taking risks. So, give the following weights to projects; New Artist = 10, Risk = 6, Genre = 3, Diversity = 2 Given the following information about each project, prioritize each project. That is, put them in order of which BAR should do first second, and third, money permitting, of course. Note: You will use the Project Selection Matrix, the Payback Period, and the NPV to make your decision Project: Time Fades Away New Artist: 10 Risk: -10 Genre: 7 Diversity: 3 Year Investment Revenue 0 -$600,000.00 $0.00 1 $0.00 $500,000.00 2 $0.00 $75,000.00 3 $0.00 $20,000.00 4 $0.00 $15,000.00 5 $0.00 $10,000.00 Project: Tears in the Rain New Artist: 5 Risk: -5 Genre: 9 Diversity: 2 Year Investment Revenue 0 $400,000.00 S0.00 1 $0.00 $400,000.00 2 $0.00 $100,000.00 3 $0.00 $25,000.00 4 $0.00 $20,000.00 5 $0.00 $10,000.00 Project: On the Beach New Artist: 2 Risk: -2 Genre: 3 Diversity: 2 Project: On the Beach Year Investment Revenue 0 -$200,000.00 $ 1 $ $275,000.00 2 $ $75,000.00 3 $ $10,000.00 4 $ $7,500.00 5 $ $1,500.00Step by Step Solution
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