The Beech Division had a return on investment of 16% last year. Which of the following investment opportunities would Beech's management consider for the upcoming year, given that management is evaluated using ROI? a. Any investment with a positive operating income. b. Any investment with a return greater than the minimum rate of return. c. Any investment with a positive return on investment. d. Any investment with a return on investment of at least 16%.

2. The Lager division of Suds Brewery has a current return on investment of 10%. The company has established an 8% minimum rate of return for the division.The division's manager has two investment projects available, for which the following estimates have been made: Project A Annual Income = $24,000, operating assets = $400,000 Project B Annual Income = $60,000, operating assets = $550,000 Which Project should be funded? a. Both Projects. b. Project A. c. Project B. d. Neither Project.