Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 21% each of the last three years. Casey is considering a capital budgeting project that would require a $3,700,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 17%. The project would provide net operating income each year for five years as follows: $ 3,600,000 1,680,000 1.920,000 Book Sales Variable expenses Contribution margin Fixed expenses Advertising. salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $720,000 740,000 Print 1,460,000 $ 460.000 References Click here to view Exhibit:14B-1 and Exhibit 148.2. to determine the appropriate discount factor(s) using tables. Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-6. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Reg 1 Rega Reg 3 Reg 4 Re 48 What is the project's net present value?(round your final answer to the nearest whole dollar amount.) el present Value Reg 2 > Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on investment (ROI), which has been above 21% each of the last three years. Casey is considering a capital budgeting project that would require a $3,700,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 17%. The project would provide net operating Income each year for five years as follows: $ 3,600,000 1,680,000 1.920,000 Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 720,000 740.000 1,460.000 460,000 Click here to view Exhibit.148.1 and Exhibit:148-2. to determine the appropriate discount factor(s) using tables. Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-6. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req3 Reg 4 Reg 46 What is the project's internal rate of return? (Round your answer to the nearest whole percentage, le 0.123 should be considered as 12%.) Internal of return % Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on Investment (ROI), which has been above 21% each of the last three years. Casey is considering a capital budgeting project that would require a $3,700,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 17%. The project would provide net operating income each year for five years as follows: $3,600,000 1,600,000 1.920,000 BOOK Sales Variable expenses Contribution margin Tixed expenses Advertising, salaries, and other fixed out-of-pocket conta Depreciation Total fixed expenses Bet operating income $ 720,000 740,000 Print 1.460.000 $ 460,000 Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables, Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-6. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Reg Reg 2 Req3 Reg 4 Req 40 What is the project's simple rate of return? (Round your answer to 1 decimal place) Simple rate of natur ( Req2 RAQ 4A> Casey Nelson is a divisional manager for Pigeon Company, His annual pay raises are largely determined by his division's return on investment (ROI), which has been above 21% each of the last three years, Casey is considering a capital budgeting project that would require a $3,700,000 Investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 17%. The project would provide net operating income each year for five years as follows: $ 3,600,000 1,680,000 1.920,000 Sales Variable expennen Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fled expenses Het operating income 5 720,000 740,000 1,460,000 460,000 ces Click here to view Exhibit.148.1 and Exhibit 148-2. to determine the appropriate discount factor(s) using tables, Required: 1. What is the project's net present value? 2. What is the project's internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-6. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. Reg1 Reg 2 Rega Reg 4 Re48 g 48 Would the company want Casey to pursue this investment opportunity? Ores ONO Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return on investment (ROI), which has been above 21% each of the last three years. Casey is considering a capital budgeting project that would require a $3,700,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 17%. The project would provide net operating income each year for five years as follows: $3,600,000 1,680,000 1.920,000 Book Sales Variable expenses Contribution margin Fixed expenses Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 720,000 740,000 Pri 1,460,000 460,000 References Click here to view Exhibit 14B-1 and Exhibit 14B-2. to determine the appropriate discount factor(s) using tables. Required: 1. What is the project's net present value? 2. What is the project's Internal rate of return to the nearest whole percent? 3. What is the project's simple rate of return? 4-a. Would the company want Casey to pursue this investment opportunity? 4-6. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below. 46 Reg1 Reg 2 Req3 Ride Reg 4 Would Casey be inclined to pursue this investment opportunity? Yos NO ( Req 4A