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 24% each of the last three years. Casey is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 20%. The project would provide net operating income each year for five years as follows Sales Variable expenses Contribution margin Fixed expenses: $ 4,300,000 , 960, 000 2,340,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $ 790,000 890,000 Total fixed expenses Net operating income 1,680,000 $ 660,000 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factoris) 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-b. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 Req 4A Req 4B What is the project's net present value? (Round your final answer to the nearest whole dollar amount.) Net present value Req 1 Req 2 > Casey Nelson is a divisional manager for Pigeon Company. His annual pay raises are largely determined by his division's return orn investment (ROI), which has been above 24% each of the last three years. Casey is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 20%. The project would provide net operating income each year for five years as follows: Sales Variable expenses Contribution margin Fixed expenses: $ 4,300,000 1,960,000 2,340,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $ 790,000 890,000 Total fixed expenses Net operating income 1,680,000 $ 660,000 Click here to view Exhibit 13B-1 and Exhibit 13B-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-b. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 Req 44 Req 4B What is the project's internal rate of return? (Round your answer to whole decimal place i.e. 0.123 should be considered as 1296.) Internal rate of return Req 1 Req 3> 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 24% each of the last three years, Casey is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 20%. The project would provide net operating income each year for five years as follows: Sales Variable expenses Contribution margin Fixed expenses: $ 4,300,000 , 960, 000 2,340,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $ 790,000 890,000 Total fixed expenses Net operating income , 680, 000 660,000 $ Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount factoris) 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-b. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 Req 4A Req 4B What is the project's simple rate of return? (Round percentage answer to 1 decimal place.) Simple rate of return K Req 2 Req 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 24% each of the last three years. Casey is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 20%. The project would provide net operating income each year for five years as follows: Sales Variable expenses Contribution margin Fixed expenses: $ 4,300,000 1,960,000 2,340,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $ 790,000 890,000 Total fixed expenses Net operating income 1,680,000 $ 660,000 Click here to view Exhibit 13B-1 and Exhibit 13B-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-b. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 Req 44 Req 4B Would the company want Casey to pursue this investment opportunity? OYes ONo Req 3 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 24% each of the last three years, Casey is considering a capital budgeting project that would require a $4,450,000 investment in equipment with a useful life of five years and no salvage value. Pigeon Company's discount rate is 20%. The project would provide net operating income each year for five years as follows $ ales Variable expenses Contribution margin Fixed expenses: 4,300,000 , 960, 000 2,340,000 Advertising, salaries, and other fixed out-of-pocket costs Depreciation $ 790,000 890,000 Total fixed expenses Net operating income , 680, 000 660,000 $ Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount factoris) 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-b. Would Casey be inclined to pursue this investment opportunity? Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3 Req 4A Req 4B Would Casey be inclined to pursue this investment opportunity? Oyes K Req 4A Req 4B