- Required Information The Following Information Applies To The Questions Displayed Below Cardinal Company Is Considerin 1 (32.57 KiB) Viewed 32 times
- Required Information The Following Information Applies To The Questions Displayed Below Cardinal Company Is Considerin 2 (35.87 KiB) Viewed 32 times
- Required Information The Following Information Applies To The Questions Displayed Below Cardinal Company Is Considerin 3 (51.25 KiB) Viewed 32 times
- Required Information The Following Information Applies To The Questions Displayed Below Cardinal Company Is Considerin 4 (46.45 KiB) Viewed 32 times
- Required Information The Following Information Applies To The Questions Displayed Below Cardinal Company Is Considerin 5 (40.01 KiB) Viewed 32 times
Required information The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2.915,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,863,00 Variable expenses 1,214.ee Contribution margin 1,849,000 Fixed expenses! Advertising, salaries, and other fixed out-of-pocket costs $ 781, eee Depreciation 583,000 Total fixed expenses 1,364,000 Net operating income $ 485,000 Click here to view Exhibk 12B-1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table. 8. What is the project's simple rate of return for each of the five years? (Round your answer to 2 decimal places.) Simple rate of return
Required information The following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,863,000 Variable expenses 1,014,000 Contribution margin 1,849,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 781,000 Depreciation 583,000 Total fixed expenses 1,364,000 Net operating income $ 485,000 Click here to view Exhibit 128-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. 13. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project's actual net present value? (Negative amount should be indicated by a minus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Nel present Value
! Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,863,000 Variable expenses 1,814,000 Contribution margin 1,849,000 Fixed expenses: Advertising, salaries, and other fixed out-of-pocket costs $ 781,000 Depreciation 583 000 Total fixed expenses 1,364,000 Net operating income $ 485,000 Click here to view Exhibit 128.1 and Exhibit 128-2. to determine the appropriate discount factor(s) using table. 14. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project's actual payback period? (Round your answer to 2 decimal places.) Payback period years
Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,915,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Sales $ 2,863,000 Variable expenses 1914,000 Contribution margin 1,849,000 Fixed expensest Advertising, salaries, and other fixed out-of-pocket costs $ 781,000 Depreciation 583 000 Total fixed expenses 1,364,000 Net operating income $ 485,000 Click here to view Exibit 128-1 and Exhibit 12B-2. to determine the appropriate discount factor(s) using table. 15. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, which actually turned out to be 45%. What was the project's actual simple rate of retur? (Round your answer to 2 decimal places.) Simple rate of return %