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1 3 . Required information [ The following information applies to the questions displayed below. ] Cardinal Company is considering a five - year project
Required information
The following information applies to the questions displayed below.
Cardinal Company is considering a fiveyear project that would require a $ investment in
equipment with a useful life of five years and no salvage value. The company's discount rate is
The project would provide net operating income in each of five years as follows:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors
using table. Assume a postaudit showed that all estimates including total sales were exactly correct except for the variable expense ratio, which actually turned out to be What was the projects actual net present value?
Assume a postaudit showed that all estimates including total sales were exactly correct except for the variable expense ratio, which actually turned out to be What was the projects actual payback period?
Assume a postaudit showed that all estimates including total sales were exactly correct except for the variable expense ratio, which actually turned out to be What was the projects actual simple rate of return?
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