Isaac has analyzed two mutually exclusive projects that have 3-year lives. project a has an npv of $81,406, a payback period of 2.48 years, and an aar of 9.31 percent. project b has an npv of $82,909, a payback period of 2.57 years, and an aar of 9.22 percent. the required return for project a is 11.5 percent while it is 12 percent for project b. both projects have a required aar of 9.25 percent. isaac must make a recommendation and justify it in 15 words or less. what should his recommendation be?
a.) accept both projects because both npvs are positive.
b.) accept project a because it has the shortest payback period.
c.) accept project b and reject project a based on the npvs.
d.) accept project a and reject project b based on their aars.
e.) accept project a because it has the lower required return.

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game.expert answer