1. “It is argued that stakeholders must analyze the performance of firms from macro- and microeconomic perspectives.” Analyse the factors which could possibly affect the performance of firms. Relevant examples or illustrations should be given. 

2. Compute the internal rate of return for a project that costs $50,000 and has a positive cash flow of $43,800 in the first year.

Please show the work by using the formula or by using an Excel chart.