15 20 Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,500,000 investment in equip useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: Sales Variable expenses $ 2,853,000 1,200,000 1,653,000 Contribution sargin Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs $ 790,000 Depreciation 500,000 Total Fixed expenses 1,390,000 $363,000 tiet operating Income Click here to view Exhibit 128-1 and Exhibis 120.2. to determine the appropriate discount factor(s) uning table. 12. if the equipment had a salvage value of $300,000 at the end of five years, would you expect the project's simple rate of return to be higher, lower or the same? O Higher O Lower O Same 15 3:16 Required information [The following information applies to the questions displayed below) Cardinal Company is considering a five-year project that would require a $2,500,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project worovide net operating income in each of five years as follows: Sales Variable expenses Contribution margin $ 2,853,000 1,200,000 1,653,000 Fixed expenses Advertising, salaries, and other fixed out- of-pocket costs $ 790,000 Depreciation 500,000 Total fixed expenses 1,290,000 Net operating income 5 363,000 Click here to view Exhibit 128-1 and Exhibit 128-2. 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 50%. 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.) Net 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 $2,500,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: Sales Variable expenses $ 2,853,000 1,200,000 1,653,00 Contribution margin Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs $790,000 Depreciation 500,000 Total fixed expenses 1,290,000 5.363,000 Niet operating income Click here to view Exhibit 120-1 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 50%. What was the project's actual payback period? (Round your answer to 2 decimal places) years Payback penod 5 5 of 15 01:37:57 Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2.500.000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 12%. The project would provide net operating income in each of five years as follows: Sales Variable expenses Contribution margin $ 2,853,000 1,200,000 1,653,000 Fixed expenses: Advertising, salaries, and other fixed out- of-pocket costs $790,000 Depreciation 500,000 Total fixed expenses 1,290,000 $363,000 Net operating income Click here to view Exhibit 128 1 and Exhibit 128-2. 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 experise rabo which actually turned out to be 50% What was the project's actual simple rate of return? (Round your answer to 2 decimal places) Sample rate of retu