Suppose two different wetlands restoration programs are being considered. Each would provide benefits to people by restoring ducks and duck hunting to a region. The benefits would grow each year as more and more ducks return to the region. Both restoration programs would involve large initial costs, and small maintenance costs each year after that. The restoration efforts are expected to last 20 years. Plan 1 will cost $2,000 to construct. Benefits will be 650 in the first year of operation, and will rise by 350 per year. Operating costs will be 1,200 in the first year of operation, and will rise by 50 per year. Plan 2 will cost $3,800 to construct. Benefits will be 1,000 in the first year of operation, and will rise by 500 per year. Required:a. Using a 7.5 percent discount rate, what is the benefit/cost ratio of each of the plans (rounded to two decimal places)?b. According to the benefit-cost ratios, which plan is better?

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Which are the best examples of costs that should be considered when creating a project budget?

Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in