Answer questions $2-8$

Requlred Information

$[$The following information applies to the questions displayed below.$]$

Cardinal Company is considering a five$-$year project requiring a $$2\mathrm{.}765\mathrm{.}000$ investment in equipment 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:

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using table.

$2$ What are the project's annual net cash inflows?

Annual net cash infiow

$3.$ What is the present value of the project's annual net cash inflows?

Note: Round your final answer to the nearest whole dollar amount.

$6.$ What is the project's internal rate of return?

Propects internal rate of returm

$\%$

Present value

$4.$ What is the project's net present value?

Note: Round final answer to the nearest whole dollar amount.

Net present value

$7.$ What is the project's payback period?

Note: Round your answer to $2$ decimal places.

Project's payback period

years

$5.$ What is the profitability index for this project?

Note: Round your answer to $2$ decimal places.

Proftability index

$8.$ What is the project's simple rate of return for each of the five years?

Note: Round your answer to $2$ declmal places.