Flint Dogs. Inc. produces and sells com dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is corsidering purchasing a machine that will make the corn doge. Austin has shopped for machines and found that the machine he wants will cost $$339,600.$ In addition. Austin estimates that the new machine will increase the company's annual net cash flows by $$52\mathrm{.}300.$ The machine will have a $12-$year usefullife and no salvage value.

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$($a$)$

Your answer is correct.

Calculate the cash payback period, $($Round onswer to $2$ declnal places, e$8.15\mathrm{.}21)$

Cash payback period $$ vears

Attempts: $1$ of $2$ used

$(b)$

Vour answer is correct.

Calculate the machine's internal rate of retum.

Internal rate of return $$

$$

Calculate the machine's internal rate of retum.

$$

Attempts: $1$ of $2$ used

$($c$)$

Vour answed is incorrect.Attempts: $2$ ol $2$ used$($d$)$

Ascuming Filint Doeeyi Inc'scost of capital is $10,$ is the investment acceptable?

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