Review the project content for your business plan that you submitted in previous weeks. Revise the plan to reflect the new information that you are learning this week, as well as any Instructor feedback you may have received, and then add to your content the following information:
Select an activity of the business that is difficult to manage profitability (for example, how would you decide whether to keep it, to discontinue it, or to purchase it from others?
Compute the payback period and the accounting rate of return.
Using the initial capital that you invested in the business and an interest rate of 10%, compute the net present value and the internal rate of return.
Are you profitable? Are you solvent? Have you created value?