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Business, 26.04.2021 03:00 daydallas01

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. Which item(s) in the income statement shown above will not affect cash flows?

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Cardinal Company is considering a five-year project that would require a $2,975,000 investment in eq...
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