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Flounder Dogey, Inc produces and sells corn dogs. The com dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that
Flounder Dogey, Inc produces and sells corn dogs. The com 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 machine he wants will cost $241,000. In addition, Austin estimates that the new machine will inerease the company's annual net cash flowa by 538,900 . The machine will have a 12 -year useful life and no salvage value. (a) Your answer has been saved. See ccore details after the due date Calculate the cash payback period. (Round answer to 2 decimal places, e.8. 15.21.) Cash payback period years Attempts: 1 of 1 used (b) Your answer has been saved. 5ee score details after the due date Calculate the machine's internal rate of return. Internal rate of return % Attempts: 1 of 1 used (c) Calculate the machine's net present value using a discount rate of 119 (Use the above table.) (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, e.g. 5,275
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