Exhibit 15 -Refer to Exhibit 15

question 42

Essay

Exhibit 15.4
The following questions are based on the information below.
A company needs to manage a project which consists of the following set of activities:
$$\begin{array} { c c c } \text { Activity } & \begin{array} { c } \text { Days } \\\text { Required }\end{array} & \begin{array} { c } \text { Predecessar } \\\text { Activties }\end{array} \\\hline \text { A } & 1 & - \\\text { B } & 4 & \text { A } \\\text { C } & 3 & B \\\text { D } & 3 & \mathrm { C } \\\text { E } & 2 & B \\\text { F } & 4 & E \\G & 2 & D . F\end{array}$$
-Refer to Exhibit 15.4. The following spreadsheet was developed to determine the earliest start times and latest start times for the project. Based on the data in the spreadsheet, which activities are on the critical path?
$\begin{array}{|c|c|c|c|c|c|c|c|c|c|} \hline& \mathrm{A} & \mathrm{B} & \mathrm{C} & \mathrm{D} & \mathrm{E} & \mathrm{F} & \mathrm{G} & \mathrm{H} & \mathrm{I} \\\hline 1 & \text { Activity } & \text { Description } & \text { Predecessor } & \text { Time } & \text { EST } & \text { EFT } & \text { LST } & \text { LFT } & \text { Slack } \\\hline 2 & \text { A } & \text { Activity A } & & 1 & 0 & 1 & 0 & 1 & 0 \\\hline 3 & \text { B } & \text { Activity B } & \text { A } & 4 & 1 & 5 & 1 & 5 & 0 \\\hline 4 & \text { C } & \text { Activity C } & \text { B } & 3 & 5 & 8 & 5 & 8 & 0 \\\hline 5 & \text { D } & \text { Activity D } & \text { C } & 3 & 8 & 11 & 8 & 11 & 0 \\\hline 6 & \text { E } & \text { Activity E } & \text { B } & 2 & 5 & 7 & 5 & 7 & 0 \\\hline 7 & \text { F } & \text { Activity F } & \text { E } & 4 & 7 & 11 & 7 & 11 & 0 \\\hline 8 & \text { G } & \text { Activity G } & \text { D, F } & 2 & 11 & 13 & 11 & 13 & 0\\\hline\end{array}$

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Definitions:

Cash Inflows

Money received by a business from its operational, investing, and financing activities.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Cash Ratio

A liquidity metric that measures a company's ability to pay off its short-term liabilities with its cash and cash equivalents alone.

Price-Earnings Ratio

The price-earnings ratio (P/E ratio) measures a company's current share price relative to its per-share earnings, used by investors to evaluate the valuation and potential for future earnings growth of a stock.