Acompany makes two types of sofas, regular and long, at two locations, one in hickory and one in lenoir. the plant in hickory has a daily operating budget of $45,000 and can produce at most 300 sofas daily in any combination. it costs $150 to make a regular sofa and $200 to make a long sofa at the hickory plant. the lenoir plant has a daily operating budget of $36,000, can produce at most 250 sofas daily in any combination and makes a regular sofa for $135 and a long sofa for $180. the company wants to limit production to a maximum of 250 regular sofas and 350 long sofas each day. if the company makes a profit of $50 on each regular sofa and $70 on each long sofa, how many of each type should be made at each plant in order to maximize profit? what is the maximum profit?

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)