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? Natural Lotion is considering the purchase of a new packaging machine. The machine costs $ 1 5 0 , 0 0 0 , ?and

? Natural Lotion is considering the purchase of a new packaging machine. The machine costs $150,000, ?and has a 10-year life. The company uses the straight-line depreciation method, and the machine has no residual value. The machine will produce net cash inflows of $37,000 ?per year at the end of each year. For purposes of responding to each requirement below, you may assume no income taxes. a) ?Calculate the net present value of the machine investment, assuming a 12% ?rate of return. b) ?Calculate the accounting rate of return for the machine investment. c) ?Calculate the internal rate of return for the machine investment. d) ?Calculate the payback period for the machine investment. USE EXCEL ONLY

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