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Required information The Foundational 1 5 ( Algo ) [ LO 1 2 - 1 , L 0 1 2 - 2 , L 0
Required information
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The following information applies to the questions displayed below.
Cardinal Company is considering a fiveyear project that would require 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:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using table.
Foundational Algo
What is the proiect's internal rate of return?
The following information applies to the questions displayed below.
Cardinal Company is considering a fiveyear project that would require 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:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using table.
Foundational Algo
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 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.
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