The following investment opportunities are available to an investment center manager: Project A: Investment $800,000; Annual Earnings $90,000. Project B: Investment $100,000; Annual Earnings $20,000. Project C: Investment $300,000; Annual Earnings $25,000. Project D: Investment $400,000; Annual Earnings $60,000. If the investment manager is currently making a return on investment of 16 percent, which project(s) would the manager want to pursue? Project A & C Project B & D Project B only None of these projects

Project B

Explanation:

Project A: Investment $800,000; Annual Earnings $90,000. ⇒ return on investment = $90,000 / $800,000 = 11.25%

Project B: Investment $100,000; Annual Earnings $20,000. ⇒ return on investment = $20,000 / $100,000 = 20%

Project C: Investment $300,000; Annual Earnings $25,000. ⇒ return on investment = $25,000 / $300,000 = 8.33%

Project D: Investment $400,000; Annual Earnings $60,000. ⇒ return on investment = $60,000 / $400,000 = 15%

Only the return on investment of project B is higher than 16%, the other projects' ROI is lower than 16%, therefore, they should be rejected.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.