Question: 1). Determine the average rate of return for a project that is estimated to yield total income of $180,000 over five years, has a cost
1). Determine the average rate of return for a project that is estimated to yield total income of $180,000 over five years, has a cost of $400,000, and has no residual value. Hint, the answer should be expressed as a percentage.
2).ABC Company sells a product for $90 per unit. The variable cost is $50 per unit and the fixed costs are $35,000.
Calculate the break even point in units when the sales price is $90 per unit.
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