3. (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit Cost Ratio, and Return on Investment...
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3. (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit Cost Ratio, and Return on Investment - Show your work and all calculations FINANCIAL CALCULATIONS - Show your work A BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000 B BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired C TOTAL BENEFIT (SAVINGS) 51 Page D NET BENEFIT E BENEFIT / COST RATIO G RETURN ON INVESTMENT 3. (a) CONSULTANT PROGRAM CALCLULATE: Benefit, Net benefit, Benefit Cost Ratio, and Return on Investment - Show your work and all calculations FINANCIAL CALCULATIONS - Show your work A BENEFIT (TOTAL SAVINGS): REDUCTION IN ERRORS (Assume a total cost of errors to the company of $20,000 B BENEFIT (TOTAL SAVINGS): REDUCTION IN TURNOVER (Assume that a total of 5 (Five) employees have left the company & need to be rehired C TOTAL BENEFIT (SAVINGS) 51 Page D NET BENEFIT E BENEFIT / COST RATIO G RETURN ON INVESTMENT
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