Formal planning and control tools: are used to select projects where many criteria must be considered. are used to evaluate alternative systems projects. enable a project manager to properly document and monitor project plans. serve as a road map indicating the direction of systems development. link the work of the implementation team with users at all organization levels.

Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?