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! Required information The following information applies to the questions displayed below) Cardinal Company is considering a five year project that would require a $2,870,000

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! Required information The following information applies to the questions displayed below) Cardinal Company is considering a five year project that would require a $2,870,000 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 operating income in each of five years as follows: Sales $ 2,861,000 Variable expenses 1,101,00 Contribution margin 1,760,000 Fixed expensest Advertising, salaries, and other fixed out of pocket costs $ 795,000 Depreciation 574,000 Total fixed expenses 1,279,000 Net operating income $ 481,000 Click here to view Exhibit 148.1 and Exhibit 148 2. to determine the appropriate discount factor(s) using table 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Nisl prosent value 5. What is the profitability index for this project? (Round your answer to 2 decimal places.) rotability indu 6 What is the project's intemal rate of return? Postarateletorn *

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