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.