1. Would a manager at an Apple retail store participate more in budgeting than a manager at the corporate office? Explain your position.
2. A company is considering closing one of its locations. Describe some factors the company's management must take into consideration when making the decision on whether or not to close? Ensure you include both financial and non-financial factors.
3. Identify the advantages and disadvantages of using two of the following in comparing investments:
Accounting rate of return, net present value, payback period, and internal rate of return.
Which one of the four methods of comparing investments would you choose and why?