E16‑22. Effectiveness and efficiency measures Allridge…

E16‑22. Effectiveness and efficiency measures Allridge University formed a new department to recruit top out-of-state students. The department’s funding for the year was $1,600,000, and the depart- ment was given the goal of recruiting 600 new nonresident students. By year-end, the department was credited with recruiting 660 new students. The department actually consumed $1,873,200 in its recruiting efforts.
a. How effective was the newly formed department? Show calculations.
b. How efficient was the department? Show calculations.

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