Decision Making Skills

Order Description As a manager, part of your role is to develop strategy, and share this strategy with various stakeholders within" rel="nofollow">in the organization. This assignment will allow you to take your fin" rel="nofollow">indin" rel="nofollow">ings as a manager and communicate these fin" rel="nofollow">indin" rel="nofollow">ings to those who are affected. Your company has been presented with a decision on replacin" rel="nofollow">ing a piece of equipment for a new computerized version that promotes efficiency for the upcomin" rel="nofollow">ing year. As manager you will need to decide whether or not the purchase of the new equipment is a worthwhile in" rel="nofollow">investment and to communicate your recommendations to Executive Management for a fin" rel="nofollow">inal decision. To be convin" rel="nofollow">incin" rel="nofollow">ing, sufficient support for your recommendations must be provided in" rel="nofollow">in order to be considered valid and accepted. Existin" rel="nofollow">ing Equipment Origin" rel="nofollow">inal Cost 60,000 Present Book Value 30,000 Annual Cash Operatin" rel="nofollow">ing Costs 145,000 Current Market Value 15,000 Market Value in" rel="nofollow">in Ten Years 0 Remain" rel="nofollow">inin" rel="nofollow">ing useful Life 10 years Replacement Equipment Cost 600,000 Annual Cash Operatin" rel="nofollow">ing Costs 50,000 Market Value in" rel="nofollow">in Ten Years 0 Useful Life 10 years Other Information Cost of Capital 10% Payback requirement 6 years In this assignment, use the in" rel="nofollow">information above to develop a comprehensive analysis usin" rel="nofollow">ing NPV, Payback Method, and IRR to develop a recommendation on replacin" rel="nofollow">ing the existin" rel="nofollow">ing equipment with a new computerized version. Develop an executive summary of your fin" rel="nofollow">indin" rel="nofollow">ings in" rel="nofollow">in a Microsoft PowerPoin" rel="nofollow">int presentation format to present to Executive Management. Do the followin" rel="nofollow">ing in" rel="nofollow">in your presentation: •Include a statement of the problem or topic, a concise analysis of the fin" rel="nofollow">indin" rel="nofollow">ings, and a recapitulation of any main" rel="nofollow">in conclusions or recommendations. •Be sure to in" rel="nofollow">incorporate specific details to highlight or support the summary in" rel="nofollow">includin" rel="nofollow">ing calculations. •Usin" rel="nofollow">ing your knowledge of capital budgetin" rel="nofollow">ing techniques, explain" rel="nofollow">in how prin" rel="nofollow">inciples of capital budgetin" rel="nofollow">ing, such as the payback method, IRR, and NPV, can be used to assess the potential projects and assist in" rel="nofollow">in the decision-makin" rel="nofollow">ing process. Develop a 10-12 slide presentation in" rel="nofollow">in PowerPoin" rel="nofollow">int format. Apply APA standards to citation of sources. Use the followin" rel="nofollow">ing file namin" rel="nofollow">ing convention: LastnameFirstInitial_M4_A2.ppt.