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urgent help 9 Cardinal Company is considering a project that would require a $2,812,000 investment in equipment with a useful life of five years. At
urgent help
9 Cardinal Company is considering a project that would require a $2,812,000 investment in equipment with a useful life of five years. At the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. The company's discount rate is 16%. The project would provide net operating income each year as follows 32,855,000 25 DO 1,645,00 Sales Vare expenses Contribution margin Pepsi Mavertising, salaries and other fixed out of pocket costs 379,000 Dette 4. Youtfied penser IMG 121,400 Ck here to view Eb 10.1 and 02. to determine the appropriate discount factors using tables Required: What is the present value of the project's annual net cashindows? (Round discount foctor(s) to 3 decimal places and final answer to the nearest dollar amount.) Prva Step by Step Solution
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