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Required information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] (The following information applies to the questions displayed belowj) Cardinal Company is considering a

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Required information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] (The following information applies to the questions displayed belowj) Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equlpment with a useful life of five yeors 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: Click here to view Exthibit128-1 and Exhibit 128.2, to determine the appropeiate discount factor(s) using table. Foundational 12-13 (Algo) 13. Assume a postaudit showed that all estimotes (incioding total nales) were exactly correct except for the variabie expense ratio. Which actually tumed out to be 50 . What was the project's actual net present value? (Negative amount should be Indicated by a minus sign. Round intermedlate colculations and final ankwer to the nearest whole dollar amount.) Required information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equlpment 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: Click here to view Extibit128.1 and Exhibit:128-2, to determine the appropriate discount factoc(5) using table Foundational 12-14 (Algo) 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct oxcept for the variable experse ratio. which actually turned out to be 50%. What was the project's octual payback period (Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO12-1, LO12-2, LO12-3, LO12-5, LO12-6] [The following information applies to the questions displayed below.] Cardinal Company is considering a five-year project that would require a $2,915,000 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: Click here to view Exhibit128.1 and Exhibli128.2, to determine the appropriate discount factor(s) using table. oundational 12-15 (Algo) 5. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio. hich actually turned out to be 50%. What was the project's-actual simple rato of return? (Round your answer to 2 decimal places.)

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