Question: 22/8/2021 Help Save & E Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would
22/8/2021 Help Save & E Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,860,000 investment in equipme with a useful life of five years and no salvage value. The company's discount rate is 14% The project would provide net operating income in each of five years as follows: $ 2,859,000 1.100,00 1,759,000 Sales Variable expenses Contribution margin Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs Depreciation Total fixed expenses Net operating income $ 700.000 572,000 1,272,000 $ 487,000 Click here to view Exhibit 14B-1 and Exhibit 148-2. to determine the appropriate discount factor(s) using table, 4. What is the project's net present value? (Round final answer to the nearest whole dollar amount.) Not present Value Activite 81F Sunny 6 5 0 6 1 7 V 8 A 99 0 Y U
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