The Alex Daniel Shoe Manufacturing Company currently pays its employees on a weekly basis. The weekly wage bill is ?$450 comma 000. This means that on average the firm has accrued wages payable of ?($ 450 comma 000plus?$0)/2equals?$225 comma 000. Alex Daniel Jr. works as the? firm's senior financial analyst and reports directly to his? father, who owns all of the? firm's common stock. Alex Daniel Jr. wants to move to a monthly? wage-payment system. Employees would be paid at the end of every fourth week. The younger Daniel is fully aware that the labor union representing the? company's workers will not permit the monthly payments system to take effect unless the workers are given some type of fringe benefit compensation. A plan has been worked out whereby the firm will make a contribution to the cost of life insurance coverage for each employee. This will cost the firm ?$35 comma 000 annually. Alex Daniel Jr. expects the firm to earn 6 percent annually on its? marketable-securities portfolio. a. Based on the projected? information, should Daniel Shoe Manufacturing move to the monthly? wage-payment system? b. What annual rate of return on the? marketable-securities portfolio would enable the firm to just break even on this? proposal? a. What would the net cost or savings be from operating the monthly payment? system? ?$ nothing ?(Round to the nearest? dollar.) Based on the projected? information, should Daniel Shoe Manufacturing move to the monthly? wage-payment system????(Select the best choice? below.) A. Yes. Daniel Shoe should move to the monthly payment system since it will generate net annual savings. B. No. Daniel Shoe should not move to the monthly payment system since it will generate net annual loss. b. What annual rate of return on the? marketable-securities portfolio would enable the firm to just break even on this? proposal? nothing?% ?(Round to two decimal? places.)