2.

Given the following data: Average operating assets $2,016,000 $ 151,200 Total liabilities Sales $1,008,000 Contribution margin $604,800 Net operating income 252,000 Return on investment (ROI) is: Joetz Corporation has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in equipment $35,500 $ 8,200 Annual cash inflows Salvage value of equipment $ 0 Life of the investment 15 years Required rate of return 103 The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. The internal rate of return of the investment is closest to: The following events occurred last year at Dorder Corporation: Purchase of plant and equipment Sale of long-term investment Dividends received on long-term investments Paid off bonds payable Depreciation expense $35,000 $16,000 9,500 $21,000 $13,500 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be