Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 8. What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exnibit 148-1 and Extibit la8-2, to determine the appropriate discount factor(s) using table. 3. 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 projects actuat net present value? (Negative amount should be indicated by a ninus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exhibit 148.1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 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.) Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,860,000 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 flve years as follows: Click here to view Exhibit 148-1 and Exhibit 148:2, to determine the appropriate discount factor(s) using table. 5. Assume a postaudit showed that all estimates (including totai sales) were exactly correct except for the variable expense ratio, which actualy turned out to be 50%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places.) Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 8. What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exnibit 148-1 and Extibit la8-2, to determine the appropriate discount factor(s) using table. 3. 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 projects actuat net present value? (Negative amount should be indicated by a ninus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,860,000 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: Click here to view Exhibit 148.1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 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.) Required information [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,860,000 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 flve years as follows: Click here to view Exhibit 148-1 and Exhibit 148:2, to determine the appropriate discount factor(s) using table. 5. Assume a postaudit showed that all estimates (including totai sales) were exactly correct except for the variable expense ratio, which actualy turned out to be 50%. What was the project's actual simple rate of return? (Round your answer to 2 decimal places.)
