1.) Why would the average rate of return differ from the internal rate of return on the same project? (3) 2.) Why would the use of the cash payback period for analyzing the financial performance of theatrical releases from a motion picture production studio be supported over the net present value method? (6) 3.) A net present value analysis used to evaluate a proposed equipment acquisition indicated a $7,900 net present value. What is the meaning of the $7,900 as it relates to the desirability of the proposal? (7) 4.)Give an example of a qualitative factor that should be considered in a capital investment analysis related to acquiring automated factory equipment. (12)