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help with internal rate of return. Required information The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6) [The following information applies to the questions displayed

help with internal rate of return.
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Required information The Foundational 15 (Algo) (L012-1, L012-2, L012-3, L012-5, L012-6) [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,845,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operatin Income in each of five years as follows: Sales Variable expenses 2,469,000 1, 126,000 Contribution margin 1,743,000 Pixed expenses Advertising, salaries, and other fixed out-of-pocket costs $ 709,000 Depreciation 569.000 Total fixed expenses 1,278,000 Net operating income $ 465,000 Click here to view Exhibit 128:1 and Exhibit 12B-2. to determine the appropriate discount factor(s) using table. Foundational 12-6 (Algo) 6. What is the project's Internal rate of return? Project's internal mio of retum %

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