Refer to the Data Provided in Table 11 -Refer to Table 11

question 29

Multiple Choice

Refer to the data provided in Table 11.1 below to answer the following questions.
Table 11.1 $$\begin{array} { l c c } { \text { Project } } & \begin{array} { c } \text { Total Investment } \\\text { (dollars) }\end{array} & \begin{array} { c } \text { Expected Rate of Return } \\\text { (percentage) }\end{array} \\\hline \text { New notebook computer for sales staff } & \$ 500,000 & 22 \\\text { Remodel for distribution center } & \$ 400,000 & 18 \\\text { On-site day care center } & \$ 200,000 & 10 \\\text { Employee fitness center } & \$ 100,000 & 8\end{array}$$
-Refer to Table 11.1. If the interest rate is 28%, Nashbar Bicycle should

• A) fund all of the projects.
• B) fund the remodeling of the distribution center and the on-site day care center.
• C) fund only the purchase of new notebook computers for its sales staff.
• D) not fund any of the projects.

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