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Requlred Informatlon [ The following information applies to the questions displayed below. ] Cardinal Company is considering a five - year project requiring a $
Requlred Informatlon
The following information applies to the questions displayed below.
Cardinal Company is considering a fiveyear project requiring 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.
Requlred:
Which items in the income statement shown above will not affect cash flows?
Note: You may select more than one answer. SIngle cllek the box with the questlon mark to produce a check mark for a correct
answer and double ellek the box with the questlon mark to empty the box for a wrong answer. Any boxes left with a questlon mark
will be outomatically groded as Incorrect.
Sales
Varlable expenses
Advertising, salarles, and other fixed outofpocket costs expenses
Depreclation expense
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