Ram wants to evaluate the time required to break even on an investment based on initial costs, monthly profits, and monthly expenses. Write a program to calculate the break-even point in months and categorize the return on investment.Compute the break-even point by using the formula: initial cost / (monthly profit - monthly expenses)Based on the break-even point, classify the return on investment into one of the following categories:Quick Return: If the break-even point is 3 months or fewer.Average Return: If the break-even point is between 4 and 12 months, inclusive.Long-term Return: If the break-even point exceeds 12 months.Ram is new to programming, so he seeks your assistance in creating the program.Input format :The first line of input consists of a double value representing the initial cost.The second line consists of a double value representing the monthly profit.The third line consists of a double value representing the monthly expenses.Output format :The first line of output prints the break-even point, formatted to two decimal places.The second line prints the category of return based on the break-even point.

Question 8You expect that a project will bring in $12,000 USD in revenue per year. You estimate it will cost $5,000 up front. You also estimate costs of $50 per month for the first 12 months, which equals $600 per year. Using the formula (G-C) ÷ C = ROI, how would you calculate the project’s return on investment (ROI) after the first 12 months?1 point(12,000 - 5,600) ÷ 5,000 = 128%(5,600 - 5,000) ÷ 12,000 = 5%(12,000 - 5,000) ÷ 5,000 = 140%(12,000 - 5,600) ÷ 5,600 = 114%

Consider the scenario below:A TV manufacturer and seller sold 50 units for a total of P3,750,000 worth of television sets for the month of August 2018. Fixed Expenses at P1,000,000 and Variable Expenses at P888,000.Compute for the break-even sales.Select one:a.1,550,000b.1,530,000c.1,330,000d.1,350,000

Assume a fixed cost of $900, a variable costof $4.50 per unit and a selling price of $5.50per unit.– A) What is the break-even point?– B) How many units must be sold to make a profitof $500.– C) How many units must be sold to average $0.25profit per unit? $0.50 profit per unit? $1.50 profitper unit

At the break-even point profit is:Group of answer choicesequal to break-even units multiplied by fixed costs.zero.equal to the contribution margin.equal to fixed costs multiplied by contribution margin per unit.

What does the break-even point represent?Question 3Answera.The point at which total revenue equals total costsb.The point at which total revenue equals total contribution marginc.The point at which total revenue equals total variable costsd.The point at which total revenue equals total fixed costsClear my choice