Incorrect Question 10 are ideas or explanations presented to support reasons for estimated monetary forecasts within an analysis. Assumptions Calculations Biases Estimates 0 / 2 pts Incorrect Question 3 The formula is determined by dividing the initial cost of the investment by the profit obtained because of the investment. payback Period return on Assets breakeven point return on Investment 0 / 2 pts Incorrect Question 6 0/2 pts Polly has the opportunity to purchase clothing from a supplier in bulk. She can buy 10 shirts (1 bulk package) for $35 dollars and sell each shirt for $4 dollars in her store. She decides to purchase 20 bulk packages. In addition to the cost of purchasing in bulk, Polly will need to pay a shipping cost of $150 dollars. What will Polly's Return on Investment percentage be on this investment? 11.2 % 9.4% 94.1% 114.3 % Incorrect Question 8 0 / 2 pts Jonny is looking to purchase a new car for his business. He purchases a Ford Explorer for $35,000 dollars. With this new purchase, Jonny is able to make more flower deliveries throughout the day. Every hour, Jonny delivers 4 orders of flowers. He works 40 hours a week. This means that Jonny delivers 7,680 orders of flowers a year. For each delivery, he will make $4.00. In order to make these deliveries, Jonny will pay $4,800 a year in gas and $1,200 a year for the phone bill. What will the payback period be on Jonny's investment in the Ford Explorer? 1.42 years 1.22 years 1.14 years 1.35 years