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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 $2,955,000 investment in

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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 $2,955,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16 % The project would provide net operating income in each of five years as follows Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $2,871,000 1,018,000 1,853,000 $753,000 591, 000 Depreciation Total fixed expensos 1,344,000 509,000 Net operating income Click here to view Exhibit 12B-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table 2. What are the project's annual net cash inflows? Annual net cash infow 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amount.) Present value 4. What is the project's net present value? (Round discount fector(s) to 3 decimal places and final answer to the nearest whole dollar amount.) Net present value 5. What is the project profitability index for this project? (Round your answer to 2 decimal places.) Project profitablity index

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