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please help thank you. Required information The Foundational 15 (Algo) (LO12-1, LO12-2, LO12-3, LO12-5, LO12-6) [The following information applies to the questions displayed below.] Cardinal
please help thank you.
Required information The Foundational 15 (Algo) (LO12-1, LO12-2, LO12-3, LO12-5, LO12-6) [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,765,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: $ 2,851,000 1,150,000 1,701,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs Depreciation Total fixed expenses Net operating income $ 670,000 553,000 1,223,000 $ 478,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Foundational 12-13 (Algo) 13. Assume a postaudit showe that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Net present value Required information The Foundational 15 (Algo) (LO12-1, LO12-2, L012-3, LO12-5, LO12-6] The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2.765.000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: $ 2,851,000 1,150,000 1,701, 000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs Depreciation Total fixed expenses Net operating income $ 670,000 553,000 1, 223,000 $ 478,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Foundational 12-14 (Algo) 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the project's actual payback period? (Round your answer to 2 decimal places.) Payback period years ! Required information The Foundational 15 (Algo) (LO12-1, LO12-2, LO12-3, LO12-5, LO12-6) [The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,765,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%. The project would provide net operating income in each of five years as follows: $ 2,851,000 1,150,000 1, 701,000 Sales Variable expenses Contribution margin Fixed expenses : Advertising, salaries, and other fixed out- of-pocket costs Depreciation Total fixed expenses Net operating income $ 670,000 553,000 1, 223,000 $ 478,000 Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Foundational 12-15 (Algo) 15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 50%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places.) Simple rate of return %Step by Step Solution
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