1 Required information [The following information applies to the questions displayed below] Cardinal Company is considering a flve-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: Sales Variable expenses Contribution eargin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses $2,735,0001,000,0001,735,000 Net operating income $35,000 595,000 5485,0601,330,000 Cick here to view Exhibit 14B-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 7. What is the project's poyback period? (Round your answer to 2 decimal places.) ( Answer is complete but not entirely correct. Project's paybac poriod 2.19 years Required information The following information applies to the questions displayed below? Cardinal Company is considering a five-year project that would require a $2,975,000 investnent in equipment with a income in each of five years as folows: sates Variable expenses contribution margin rixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses 52,735,0001,090,0901,795,060 Net operating incone Click here to view Exhibit 148.1 and Exhipit 148-2. to determine the oppropriate discount foctor(s) using table. 14. Assume a postaudit showod that all esamates (including total solos) were exacily correct except for the variable expense ratio. which actually tumed out to be 45%. What was the projects actual paybock period? (Round your answee to 2 decimal places.) 4 Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: Sales Variable expenses contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income 52,735,0001,000,0061,735,000 735,000595,000 $405,0201,330,000 Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 5. What is the profitability index for this project? (Round your answer to 2 decimal places.) Profitability index 0.41 4 Required information [The following information applies to the questions displayod bolow] Cardinal Company is considering a five-yeat project thot would require a $2.975.000 investment in equipment with a useful ife of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five yeors as follows: Sales Varlable expenses contribution nargin fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net eperating incone 3. 735,000 5,405,6001,390,000 13. Assume a postaudit showed that all estimates (including total sales) were exactly correct excopt for the variable expense ratio. which actually turned out to be 45%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign, Round intermediate calculations and final answer to the nearest whole dollor amount.) Q Answer is complete but not entirely correct. Nespreserivaluo is 554,000 (1) Required information The following information applies to the questions alsplayed below) Cardinal Company is consldering a five-year project that would require a 52,975,000 investment in equipment with a usetul ife of five years and no salvage valuo. The company's discount rate is 14\%. The project would provide net operating income in each of five years es follows: 15. Assume a postaudt showed that all estimates (ncluding total sales) were exactly correct except for the variable expense ratio, which actually turne-d out to be 45%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places.) EXIIBT 14B2 Fresent Value of an Annaity of 51 in Arrears: r1[1((1+r))41] (1) Required information The following information applies to the questions displayed below] Cardinal Compeny is considering a five-year project that would require a $2,975,000 investment in equipment with a usoful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: Sales Variable expenses Contribution margin $2,735,0001,006,0001,735,000 Fixed expenses: Advertising, salaries, and other-fixed out-of-pocket costs Depreciation. Total fixed expenses Net operating incone $735,006595,0001,330,000$405,000 Click here to view Exhibt 148.I and Exhibit 148-2. to determine the appropriate discount foctor(s) using table. 6. What is the project's internal rate of return? (Round your answer to nearest whole percent.) Answer is complete but not antirely correct. Projoct's rienal ralie of retim 15% EXHIBIT 146-1 Present Value of \$1: ((1+r))1