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

Question 99

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Refer to the data provided in Table 11.1 below to answer the following question(s) .
Table 11.1  Total Investment Expected Rate of Return  Project  (dollars)   (percentage)   New tablet computer for sales staff $500,00022 Remodel for distribution center $400,00018 On-site day care center $200,00010 Employee fitness center $100,0008\begin{array}{l}\begin{array} { l c c } &\text { Total Investment }&\text {Expected Rate of Return }\\ { \text { Project } } & \text { (dollars) } & \text { (percentage) } \\\hline \text { New tablet 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}\end{array}
-Refer to Table 11.1. If the interest rate is 20%, Nashbar Bicycle should


A) fund only the purchase of new tablet computers for its sales staff.
B) fund all of the projects except for the purchase of new tablet computers for its sales staff.
C) fund all of the projects.
D) not fund any of the projects.

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