A Project Has an Initial Cash Outflow of $22,400 and Cash

question 22

Multiple Choice

A project has an initial cash outflow of $22,400 and cash inflows of $13,400 a year for Years 1 and 2 and a final cash inflow in Year 6 of $7,500.The required return is 15.5 percent.What is the net present value?

• A)$2,405.66
• B)$1,608.14
• C)$1,919.08
• D)$2,134.85
• E)$2,671.02

Recognize and describe common cognitive biases and heuristics, such as confirmation bias and representativeness heuristic.

Differentiate between reasoning, judgment, problem solving, and decision making in cognitive processes.

Identify factors that influence the likelihood of engaging in System II thinking.

Analyze the impact of cognitive biases on judgment and decision-making.

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Definitions:

Forecasting

Estimation of future occurrences or trends using statistical methods and historical data.

HR Demand Forecasting

The process of estimating the future human resource requirements of an organization to achieve its goals.

Replacement Demand

The need to fill job positions that become vacant due to retirement, resignation, or dismissal, rather than due to the creation of new jobs.

Forecasting HR Demand

The process of estimating the future human resource needs of an organization, based on its business strategies, projected growth, and external market trends.