You are a financial analyst at the Jackson Company. The proponents of various id

Question

You are a financial analyst at the Jackson Company. The proponents of various ideas have provided you with business forecasts from which you have provided you with business forecasts from which you have developed financial projections including project cash flows. You have also calculated each project's IRR with the following:

Project IRR Comments

A 19.67% Marketing's projects, an almost totally new field

B 19.25% Proposed by manufacturing, also a very different field.

C 18.05% Proposed by engineering, a familiar field.

You are now in a meeting with senior managers that was called to discuss the options. You have just presented the above information. After your presentation, the vice president of marketing stands, congratulates you on a fine job, and states that the figures clearly show that Project A is the best option. He also says that your financial analysis shows that project A has the full backing of the finance department All eyes, including the CFO's, turn to you. How do you respond?

Explanation / Answer

i agree with option A as it contains better results with the IIR report.i agree with the vice president of marketing stands.

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