Hello professor, Can you help me with these multiples choice question? No explanation needed. Thank you for your help!

Question 21 (1 point)

The capital budgeting method that divides a project's annual incremental net income by the initial investment is the:

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internal rate of return method.

the simple (or accounting) rate of return method.

the payback method.

The net present value method.

Carver Company produces a product that sells for $30. Variable manufacturing costs are $15 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. A selling commission of 10% of the selling price is paid on each unit sold. The contribution margin per unit is?

$3.

$8.

$12.

$15.

Question 23 (1 point)

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The amount by which a company's sales can decline before losses are incurred is called the:

contribution margin.

degree of operating leverage.

margin of safety.

break-even point.

24. Which one of the following statements about the payback method of capital budgeting is correct?

The payback method does not consider the time value of money.

The payback method considers cash flows after the payback has been reached.

The payback method uses discounted cash flow techniques.

The payback method will lead to the same decision as other methods of capital budgeting.

25. A company had the following results last year: sales, $700,000; return on investment, 28% ; and margin, 8%. The average operating assets last year were?

$200,000.

$540,000.

$2,450,000.

$2,500,000.