Quote:
Originally Posted by 732002
return on investment?
I don't see the gov handing out money for college.
FAFSA estimated we could afford a massive amount, seems they
look at your home equity, sure we could sell our house to pay for college
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Yes, ROI is Return on Investment.
We had to make a choice between 2 projects.
The one he was pushing was breakeven with optimistic estimates after a year.
The other, while requiring almost 50% more investment, would pay for itself in 6 month tops, with very conservative numbers. And it did.
Fortunately the CEO knew I used conservative numbers as a rule AND put in a cushion in the cost to cover those inevitable problems.
So I explained that his project did not have the ROI needed to justify it.
He looked at me puzzled so I explained the numbers, and repeated it didn't have the ROI. This time I came back and asked what he didn't understand, thats when he said he I shouldn't use technical terms, like ROI, in a briefing with management aka the Board and CEO. OOPS. The CFO explained the term to him.
"Handing Out" is probably a bad choice of words.
How about "Makes Available".