Activity-based management is not suitable for service companies as it deals with the proper allocation of manufacturing overhead costs

__________ teams: Coordinate/provide direction to subunits under jurisdiction and integrate their work

Fill in the blank(s) with the appropriate word(s).

What is the IRR for the following project if its initial after-tax cost is $5,000,000 and it is expected to provide after-tax operating cash flows of ($1,800,000 ) in year 1, $2,900,000 in year 2, $2,700,000 in year 3, and $2,300,000 in year 4?

A) 5.83% B) 9.67% C) 11.44% D) 6.85%