Question: fast answer please Cardinal Company is considering a project that would require a $2,875,000 investment in equipment with a useful life of five years. At
Cardinal Company is considering a project that would require a $2,875,000 investment in equipment with a useful life of five years. At the end of five years, the project would terminate and the equipment would be sold for its salvage value of $300,000. The company's discount rate is 16%. The project would provide net operating income each year as follows: $2,871,000 1.013,000 1,853,000 Sales Variable expenses Contribution margin Fixed expenses Advertising. salaries, and other fixed out-of-pocket costs $753,000 Depreciation 515,000 Total fixed expenses Net operating income 1,268,000 $ 585,000 Required: What are the project's annual net cash inflows? Annual no cash inflow
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