Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table. 7. What is the project's payback period? (Round your answer to 2 decimal places.) Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operati income in each of five years as follows: Click here to viow Exhibit 128-1 and Exhibit 128.2, to determine the appropriate discount factor(s) using table, What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2.810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 1281 and Exhibit 128-2, to determine the appropriate discount factor(s) using table 3. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, hich actually turned out to be 45%. What was the project's actual net present value? (Nagative amount should be indicated by a inus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibiti28-2, to determine the appropriate discount factor(s) using table. 14. Assume a postaudit showed that all estimates (including total sales) were exactly corme cept for the variable expense ratio. which actually turned out to be 45%. What was the project's actual payback period? ( R answer to 2 decimal places.) Cardinal Company is considering a five-year project that would require a $2,810,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of flive years as follows: Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table, Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, ich actually turned out to be 45%. What was the project's actual simple rote of return? (Rount your answer to 2 decimal places.)