Please answer correct with good presentation

Average Rate of ReturnNew Product Micro Tek Inc. is considering an investment in new equipment that will be used to manufacture a smartphone. The phone is expected to generate additional annual sales of 4,000 units at $450 per unit. The equipment has a cost of $3,950,000, residual value of $50,000, and an 8-year life. The equipment can only be used to manufacture the phone. The cost to manufacture the phone follows: Cost per unit: Direct labor $20 Direct materials 205 Factory overhead {including depreciation) 39 Total cost per unit $254 Determine the average rate of return on the equipment. Round your answer to one decimal place. E % Present Value Index Sweet Tooth Candy Company has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Caroline Jersey Total present value of net cash ow $330,720 $359,100 Less amount to be invested 313.000 378.000 Net present value $12320 \"18.9001 a. Determine the present value index for each proposal. Round your answer for the present value index to two decimal places. Carolina Jersey Total present value of net cash ow Amount to be Invested Present value index DD Ciel: [:[:l 1:. Which location does your analysis support? V