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Ursus, Inc. is considering a project that would have a five-year life and would require a $775,000 investment in equipment. At the end of five

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Ursus, Inc. is considering a project that would have a five-year life and would require a $775,000 investment in equipment. At the end of five years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows (Ignore Income taxes.); Sales Variable expenses Contribution margin Fixed expenses: Pixed out-of-pocket cash expenses Depreciation Net operating Incone 51,900,000 1,300,000 600,000 $350,000 155,000 505,000 95.000 OOK Click here to view Exhibit.148.1 and Exhibit: 1482. to determine the appropriate discount factor(a) using the tables provided. All of the above Items, except for depreciation, represent cash flows. The company's required rate of return is 7% Required: a compute the project's net present value. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) b. Compute the project's internal rate of return. (Round your final answer to the nearest whole percent.) cCompute the project's payback period. (Round your answer to 2 decimal place.) d. Compute the project's simple rate of return. (Round your final answer to the nearest whole percent.)

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