Question: Ursus, Inc. is considering a project that would have a five-year life and would require a $2.400,000 investment in equipment. At the end of five

 Ursus, Inc. is considering a project that would have a five-year

Ursus, Inc. is considering a project that would have a five-year life and would require a $2.400,000 investment in equipment. At the end of five 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 Variable expenses Contribution margin we expenses Fixed out of pocket cash expenses Depreciation Net operating income $3,500,000 2.100.000 1,400,000 $600,000 400,00 1.000.000 $ 120,000 Click here to view Exhibit 148.1 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: a Compute the project's net present value. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) b. Compute the project's Internal rate of return. (Round your final answer to the nearest whole percent.) cCompute the project's payback period. (Round your answer to 2 decimal place.) d. Compute the project's simple rate of return (Round your final answer to the nearest whole percent.) * Net present value Interrate of return Payback period d Simple tale of return years

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