Jason Kemp was torn between conflicting emotions. On the one hand, things were going so well.in Other (Other) by vomms
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Case 12-44 Jason Kemp was torn between conflicting emotions. On the one hand, things were going so well. He had just completed six months as the assistant financial manager in the Electronics division of Med-Products Inc. The pay was good, he enjoyed his coworkers, and he felt that he was part of a team that was making a difference in American health care. On the other hand, his latest assignment was causing some sleepless nights. Mel Cravens, his boss, had asked him to refine the figures on the divisions latest projecta portable imaging device codename ZM. The original estimates called for investment of 15.6 million and projected annual income of million. Med-Products required a ROI of at least 15% for new project approval. So far, ZMs rate of return was...