1a. Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 9%. What was the company's net operating income for the year?

Group of answer choices

a. $30,000

b. $15,000

c. $20,000

d. $36,000

1b. (Ignore income taxes in this problem.) Your Company is considering the purchase of equipment that would cost $157,260. It would have a useful life of 6 years,and no salvage value. The purchase would result in additional net cash inflows of $30,000 per year. What is the internal rate of return on this investment?

Group of answer choices

a. 3%

b. 2%

c. 6%

d. 5%

e. 4%

2 PART 1 QUESTION please solve and will like and comment!