Jark Corporation has invested in a machine that cost $91,000, that has a useful life of seven years, and that has no salvage value at the end of its useful life. The machine is being depreciated by the straight-line method, based on its useful life. It will have a payback period of five years. Given these data, the simple rate of return on the machine is closest to (Ignore income taxes,: (Round your answer to 1 decimal place.) Multiple Choice 2.1% 3.2% Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a useful life of 6 years. The new machine will cost $3,770 a year to operate, as opposed to the old machine, which costs $4,225 per year to operate. Also, because of increased capacity, an additional 21,700 donuts a year can be produced. The company makes a contribution margin of $0.10 per donut. The old machine can be sold for $8,700 and the new machine costs $31,700. The incremental annual net cash inflows provided by the new machine would be (Ignore income taxes,): Welch Corporation is planning an investment with the following characteristics (Ignore income taxes) Useful 1ife Yearly net cash inflow Salvage value Internal rate of return Required rate of return 6 years $60,000 16% 12% Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount fa ctor(s) using the tables provide The initial cost of the equipment is closest to: Croce, Inc., is investigating an investment in equipment that would have a useful life of 7 years. The company uses a discount rate of 15% in its capital budgeting. The net present value of the investment, excluding the salvage value, is-$580,450. (Ignore income taxes.) Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factors) using the tables provided. of the equipment have to be to make the investment in the equipment financially attractive? How large would the salvage value (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice