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Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,975,000 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 Exhiblt 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using table. 3. What is the present value of the project's annual net cash inflows? (Round your final answer to the nearest whole dollar amoun Required information [The following information applies to the questions displayed bevow] Cardinal Company is considering a flve-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no saivage 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 148-1 and Exhibit 148-2, to determine the appropriate discount factor(5) using table. Assume a postaudit showed that all estimates (including total sales) were exactly correct except for the variable expense ratio, ich actually turned out to be 45%. What was the project's actual net present value? (Negative amount should be indicated by a nus sign. Round intermediate calculations and final answer to the nearest whole dollar amount.) Required information [The following information applies to the questions displayed below] Cardinal Company is considering a five-year project that would require a $2,975,000 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 148-1 and Exhibit 148-2, to determine the appropriate discount factor(5) 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 return? (Round your answer to 2 decimal places. IXHIIWI' 14 A XIHIBTT IAB.2 Jresent Yalue of an Anmuity of \$I in Arrears; 11 = Josr1

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