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capital budgeting please help A B C D E F G H Capital Budgeting Name 2 3 Corn Doggy, Inc. produces and sells corn dogs.

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capital budgeting

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A B C D E F G H Capital Budgeting Name 2 3 Corn Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. 4 5 Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants 6 will cost $160,000. In addition, Austin estimates that the new machine will increase the 7 company's annual net cash inflows by $53,000. The machine will have a 16-year useful 8 life and no salvage value. 9 10 Instructions 11 (a) Calculate the cash payback period. 12 (b) Calculate the accounting rate of return. 13 (c) Calculate the machine's net present value assuming the cost of capital is 10%. 14 (d) Calculate the machine's internal rate of return

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