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Corn Doggy, Inc, produces and selts corn dogs. The corn dogs are dipped by hand Austin Beagle, production manager, is considering purchasing a machine that

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Corn Doggy, Inc, produces and selts corn dogs. The corn dogs are dipped by hand Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machinet he wants will cost $215,000. In addition, Austin estimates that the new machine will increase the compan/s amual net cash inflows by $33,000. The machine will howe a 12 year useful life and no salvoge value. Calculate the machine's internal rate of return. Internal rate of return

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