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Ursus, Incorporated, is considering a project that would have a ten - year life and would require a $ 2 , 5 5 2 ,

Ursus, Incorporated, is considering a project that would have a ten-year life and would require a $2,552,000 investment in equipment. At the end of ten 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 $ 2,400,000
Variable expenses 1,550,000
Contribution margin 850,000
Fixed expenses:
Fixed out-of-pocket cash expenses $ 270,000
Depreciation 255,200525,200
Net operating income $ 324,800
Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.
All of the above items, except for depreciation, represent cash flows. The company's required rate of return is 14%.
Required:
Compute the project's net present value.
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Compute the project's internal rate of return.
Note: Round your final answer to the nearest whole percent.
Compute the project's payback period.
Note: Round your answer to 2 decimal place.
Compute the project's simple rate of return.
Note: Round your final answer to the nearest whole percent.

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