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answer both please same numbers in the equations 6 Part oft Sales 8 23 Required information [The following information applies to the questions displayed below)
answer both please same numbers in the equations
6 Part oft Sales 8 23 Required information [The following information applies to the questions displayed below) Carcinal Company is considering a five-year project that would require a $2,860,000 investment in equipment with a useful life of five years and no salvage value. The companys discount rate is 14%. The project would provide net operating income in each of five years as follows $ 2,859,000 Variable expenses 1.100.000 Contribution sargi 1,759,000 Fixed expenses Advertising, salaries, and other fixed out of-pocket costs $ 700,000 Depreciation 572.000 Total Fixed expenses 1.222.000 Tiet operating income $ 487,000 Click here to view Exhibit 123.1 and Exhibit 128 2. to determine the appropriate discount factor(s) using table 6. What is the project's internal rate of return? Presentate of 7 Part 7 of 15 8 4720 Required information The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2.860,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 10%. The project would provide net operating Income in each of five years as follows: Sales $ 2,659.000 Variable expenses 1.100,00 Contribution margin Fixed expenses Advertisins. salaries, and other fixed out of-pocket costs $70,000 Depreciation 572,000 Total fixed expenses 1.222.00 tiet operating income 407.000 Click here to view Exhibit:120-1 and Exhibit328-2. to determine the appropriate discount factors) sing table 7. What is the project's payback period (Round your answer to 2 decimal places) Projects para years Step by Step Solution
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