Old MathJax webview

Saved 2 Cardinal Company is considering a project that would require a $2,812,000 investment in equipment with a useful life of five years. At the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. The company's discount rate is 16%. The project would provide net operating income each year as follows: $2,855,000 1,010,000 1,845,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income 59:04 $ 798,000 482,400 1,280,400 $ 564,600 Click here to view Exhibit 10-1 and Exhibit 10-2. to determine the appropriate discount factor(s) using tables. Required: What is the present value of the equipment's salvage value at the end of five years? (Round discount factor(s) to 3 decimal places and final answer to the nearest dollar amount.) Present value aft Office my Course Home MY P. P global marketing b... APA @ Conestoga 5 Resources - APA EXHIBIT 10-2 Present Value of an Annuity of $1 P = (] Period 31 8 10% 125 145 16% 18% % 20 224 244 26 28 304 105 1 0962 0952 0.943 0926 0.909 0 593 0.877 0.562 0347 0.633 0 320 0.5060794 0731 0769 0714 1.647 1005 1 566 1528 1 492 1.457 1424 1392 1361 1.224 2 1 306 1859 1.833 1.783 1736 1.090 3 2.775 2.723 2673 2577 2487 2 402 2.322 2.246 2174 2.106 2.042 1981 1923 1 865 1816 1559 4 1.630 3516 3.465 3.312 3.170 3037 2.914 2.798 2.690 2.539 2.494 2.404 2.320 2.241 2.166 379 S 4.452 4.330 4212 3 993 3.791 3.605 3433 3274 3.127 2.991 2.664 2.745 2.635 2532 2436 2033 3.889 3.655 3.493 3326 3.167 3.020 2.885 2759 2643 2.163 6 5.242 5076 4917 4.623 4355 4111 7 6002 3.756 5582 5.206 S 6.733 6.163 6210 5.747 7433 7 105 6.802 6 247 10 8111 7.722 7.360 6.710 11 3.700 8.306 7.337 7 139 12 JSS S863 3 354 7536 13 20oso 9 394 S 853 7004 14 10 563 9.999 9295 3.244 15 11 IIS 10 350 9712 8 559 16 11.652 10 SS 10 106 S 851 17 10477 9.122 12.166 12 659 11 274 11 000 15 10 S28 9 372 19 13 134 12.065 11 138 9604 4.563 4561 4288 4019 3.812 3 605 3.416 32423083 29372 502 2263 5 335 4.968 4.639 4.344 4.073 3.837 3.619 3.421 3.241 3.076 2925 2331 5.759 5328 4946 4607 4 303 4.031 3.786 3.566 3.366 3.184 3.366 3 184 3019 2379 6 145 5650 5216 4833 4 494 4.192 3923 3.662 3465 3 269 3.662 3.465 3 269 3.092 2414 6.495 5938 5 453 5.029 4656 4327 4035 3.776 3544 3.335 3.147 2.433 6 814 6.194 5.660 5.197 4793 4439 4.127 3851 3606 3 387 3 190 2 456 7.103 6 424 5.542 5.342 4910 4533 4203 3.01236563.427 3223 2.463 7367 6628 6.002 5469 5.003 4611 4.265 3962 3.695 3459 3249 2477 7 606 6811 6.142 5575 5092 4.675 43154001 3.726 3.453 3 265 2.454 7.824 6974 6265 5 669 5.162730 4357 4033 3751 3 503 3283 2499 S022 7120 6 373 5.749 5222 4775 +391 4059 3771 3515 3519 3295 J 295 2.492 S 201 7.250 6.167 5.818 5273 512 441940SO 3.784 3529 3304 2494 9.365 7.366 6.550 5 577 5316 4544 442 4097 370953933112496 3.514 7469 6823 5929 5353 370 +370 4460 4110 4110 3.SOS 3546 3.316 2497 S6497562 6657 5973 5384 4.591 4.476 4.121 3.316 3551 3.320 2495 3 772 7645 6.743 6011 5410 1909 4.495 4130 352 3556 3 323 2498 3833 7713 0.792 6 792 6044 5432 4925 +499 +137 3527 3325 2199 S 985 7.784 6835 OGUS 0073 5451 4937 +507 +1433831 33272199 9077 7543 6573 6.373 6 097 5467 4048 4.514 4147 3.834 3.84 3129 2499 9161 7696 6906 6 906 6115 5.450 4 950 1520 11513537 3330 2.500 92377033 6915 6915 61365492 494 +595 +154 35393331 2.500 93071934 6961 6961 6 152 5502970 4523 157 3.340331 2.500 91708022 6.93 6.95 6 106 5510975 531 4250 3511 3.332 2.500 9427 8.035 7005 700 5517 +54 11003512330 2500 0779 $244 7105 7105 6.245.543 7997 4544 4.1063346 333 2500 20 13 590 12.462 11 470 9 S18 21 14029 12821 11 764 10 017 14 451 13.163 12.042 10 201 14.357 13 459 12 303 10 371 15 247 13700 12 550 10 529 25 15022 144094 12 753 10675 26 13 933 1-375 13.003 10 S10 20 16350 63 13211 10 935 28 16.663 1595 13 406 11 051 16954 15 11 13 591 11 153 1729 13 13765 11258 6 40 197917159 15016 11923 hp