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Cardinal Company is considering a five-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no salvage value. The companys discount rate is 14%. The project would provide net operating income in each of five years as follows:

Sales			$	2,735,000
Variable expenses				1,000,000
Contribution margin				1,735,000
Fixed expenses:
Advertising, salaries, and other fixed out-of-pocket costs	$	735,000
Depreciation		595,000
Total fixed expenses				1,330,000
Net operating income			$	405,000

Known: Annual Net Cash Inflow = 405,000 + 595,000 = $1,000,000 Present Value of Annual Cash Inflows = 1,000,000*3.433 = $3,433,000 NPV = $3,433,000 - $2,975,000 = $458,000 Internal rate of return IRR = 20%

I Need the following:

D.What is the project profitability index for this project? (Round discount factor(s) to 3 decimal places and final answer to 2 decimal places.) F. What is the projects payback period? (Round your answer to 2 decimal places.) G.What is the projects simple rate of return for each of the five years? (%) (Round your answer to 2 decimal places) K. 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 45%. What was the projects actual net present value? (round to 3 decimal places)

L.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 45%. What was the projects actual payback period? (Round your answer to 2 decimal places.) (years)

M.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 45%. What was the projects actual simple rate of return? (Round your answer to 2 decimal places.)