ard.ncat.edu/webapps/assessment/take/launch.jsp?course_assessment_id=_191150_1&course_id=_3547010_1&content_id=_3972463_18step=null Question Completion Status: QUESTION 1 (Ignore income taxes in this problem ) Neighbors Corporation is considering a project that would require an investment of $279,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows Sales $224,000 Variable expenses 22.000 Contribution margin 202.000 Fixed expenses Salaries 25,000 Rents 38,000 Depreciation 83.00 Total fixed expenses 96 000 Net operating income $106,000 The scrap value of the project's assets at the end of the project would be $15,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to: 2.5 years 2.0 years O 2.6 years 1.9 years QUESTION 2 Vinup Corporation has provided the following data conceming an investment project that it is considering Initial investment $100,000 Working capital $73,000 Annual cash flow $40,000 per year Salvage value at the end of the project $29,000 The working capital would be released for use elsewhere at the end of the project in 4 years. The company's discount rate is 13%. The net present value of the project is closest to 58,486 ($36,263) $89,000 $36,737 QUESTION 3 (Ignore income taxes in this problem.) The management of Edelmann Corporation is considering the following three investment projects Project R Project S Project T Investment required $13,000 $59,000 $79,000 Present value of cash inflows $13,520 $66,080 $87,690 Rank the projects according to the profitability index, from most profitable to least profitable. O T. S, R O T, R, S OR, T.S OS, T, R Click Save and Submit to save and submit. Click Save All Answers to save all answers