Competency Explain the activities that occur when initiating a project. Scenario As a Project Manager for Kingston-Bryce Limited you have been assigned to create a business case. The Board of Directors for Kingston-Bryce Limited (KBL) is eager to move forward with the acquisition of their competitor. The acquisition of the competitor will enable KBL to expand operations and triple their workforce and will take 18 months to complete with a projected cost of $5 million. In order for this acquisition to be successful, you will need to use your project management skills to ensure success. Instructions Your task is to create a business case in Microsoft Word to justify the steps necessary to complete the acquisition. The business case is essential for providing justification and details of the scope of work for the project. You will need to be creative and develop the following items as if you were running the project. Include the following (you will need to create these items): The purpose of the project The pros and cons of the project (benefits) Budget/Funding schedule (this is how you project to allocate the $5 million budget) Major risks or opportunities of the project

Q1:Which company has the higher operating leverage?A. A firm that buys packaged honey from beekeepers, labels the packages and sells them to local stores and restaurants.B. A firm that develops Android apps on a computer and an Android phone, then sells them in the Google Play store?A. AB. BC. Not enough information is provided to answer this question.D. They both have about the same leverage.Q2:What two types of ratio analysis (that are covered in Chapter 06a) does the Dupont Identity Method ignore?A. Sales GrowthB. Price to EarningsC. Economic Value AddedD. LeverageE. LiquidityF. Z ScoreG. Efficiency and TurnoverH. MarginsQ3:Firms A and B are comparable competitors (lE: they are "comps" of each other). A has a working capital ratio of 1.4 and B has a working capital ratio of 0.8. Which company has the better liquidity position?A. They are roughly equivalent.B. Not enough information is provided to answer this question.C. BD. AQ4:Firms A and B are comparable competitors (IE: they are “comps" of each other). A has a working capital ratio of 1.4 and B has a working capital ratio of 0.8. Is one of the companies financially unsafe? Choose one of the Yes/No answers, and provide one reason for your choice.A. Yes, B is unsafe.B. Both ratios are well above zero.C. Yes, A is unsafe.D. The unsafe firm has fewer Working Capital Assets than Working Capital Liabilities.E. The unsafe firm has fewer Current Assets than Current Liabilities.F. The unsafe firm has fewer Working Capital Assets than Current LiabilitiesG. No, both are safe.