An investment opportunity has been identified that will yield a 17% return on investment for each center. The company’s minimum acceptable rate of return is 15%. Which of the following statements is incorrect? A. Sand’s ROI is less than the company’s hurdle rate. B. If each manager is paid a bonus based solely on his ability to exceed the division’s prior period ROI, Sun’s manager would make a decision that is in the company’s "best interest." C. If each manager is paid a bonus based solely on his ability to exceed the division’s prior period ROI, then two of the managers will accept the opportunity. D. Water’s manager is the most effective in terms of generating sales revenue from invested capital. E. If residual income is used to award bonuses, the managers of all three centers will accept the investment opportunity.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Which are the best examples of costs that should be considered when creating a project budget?

Experienced problem solvers always consider both the value and units of their answer to a problem. why?