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Required information [ The following information applies to the questions displayed below. ] Cardinal Company is considering a five - year project requiring a $
Required information
The following information applies to the questions displayed below.
Cardinal Company is considering a fiveyear project requiring a $ investment in equipment with a useful life of five years and no salvage value. The company's discount rate is The project would provide net operating income in each of five years as follows:
tableSales$
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