Session Locator inprogressie BOOK Internet Rate of Return Method - Two Projects Stran Foods Inc. is considering two possible investments a delivery truck or aging machine. The delivery truck west 0,31.0 and used to deliver an additional 45,000 bags of taquitos chips per year Each bag of chips can be sad to contribution margin of 50,38. The very truck operating expenses, excluding depreciation be 50.52 per mie for 15,000 miles per year. The bagging med en beging machines net investment cost would be 528,350.00. The new machine would require three fewer hours of direct labor perowy Directoris per hour. There we 250 operating days in the year. Both the truck and the bagging machine are estimated the years. The mimum of return is 1 Stran Foods has funds to invest in only one of the projects Present Value of an Annuity of $at Compound Interest Year 109 12 15 20 1 0.93 0.009 0.00 0.70 0.833 2 1833 1.736 1600 1020 152 2.402 2106 3.405 3170 3:037 2589 5 4212 3.791 3.605 2.991 6 4.917 4355 3785 31320 5.582 4368 564 4.100 3.605 210 5335 4.96 4:47 3.837 102 5.750 5320 4.772 4031 10 200 615 5.650 5.019 4192 4 vents the stovo 51 Enter the factor 2005 2.991 6 3326 4.917 5.582 0.210 7 3.353 3.785 4.160 4.111 4.564 4.355 4.868 5.335 5.759 3. B 4.487 3.537 9 4.968 5.328 6.802 7.360 4.031 10 6.145 4.772 5.019 5.650 4.192 a. Compute the internal rate of return for each Investment. Use the above table of present value of an ulty of $1. Enter the present was fader te three decimal places. Delivery Truck Bagging Machine Present value factor 54 Internal rate of retum b. Which of the following should be included in a memo to management regarding the recommendation about the two project ( Check My Work 3 more Check My Work uses remaining 1 02:04 10 7.360 6.145 5.650 5.019 4.192 a. Compute the internal rate of return for each investment. Use the above table of present value of an annuity three decimal places. The delivery truck fails to exceed the minimum rate of return requirement. The bagging machine fails to exceed the minimum rate of return requirement. Both projects meet the minimum rate of return of 19%. Neither project meets the minimum rate of return of 19%. ding the recommendation abou Session Locator inprogressie BOOK Internet Rate of Return Method - Two Projects Stran Foods Inc. is considering two possible investments a delivery truck or aging machine. The delivery truck west 0,31.0 and used to deliver an additional 45,000 bags of taquitos chips per year Each bag of chips can be sad to contribution margin of 50,38. The very truck operating expenses, excluding depreciation be 50.52 per mie for 15,000 miles per year. The bagging med en beging machines net investment cost would be 528,350.00. The new machine would require three fewer hours of direct labor perowy Directoris per hour. There we 250 operating days in the year. Both the truck and the bagging machine are estimated the years. The mimum of return is 1 Stran Foods has funds to invest in only one of the projects Present Value of an Annuity of $at Compound Interest Year 109 12 15 20 1 0.93 0.009 0.00 0.70 0.833 2 1833 1.736 1600 1020 152 2.402 2106 3.405 3170 3:037 2589 5 4212 3.791 3.605 2.991 6 4.917 4355 3785 31320 5.582 4368 564 4.100 3.605 210 5335 4.96 4:47 3.837 102 5.750 5320 4.772 4031 10 200 615 5.650 5.019 4192 4 vents the stovo 51 Enter the factor 2005 2.991 6 3326 4.917 5.582 0.210 7 3.353 3.785 4.160 4.111 4.564 4.355 4.868 5.335 5.759 3. B 4.487 3.537 9 4.968 5.328 6.802 7.360 4.031 10 6.145 4.772 5.019 5.650 4.192 a. Compute the internal rate of return for each Investment. Use the above table of present value of an ulty of $1. Enter the present was fader te three decimal places. Delivery Truck Bagging Machine Present value factor 54 Internal rate of retum b. Which of the following should be included in a memo to management regarding the recommendation about the two project ( Check My Work 3 more Check My Work uses remaining 1 02:04 10 7.360 6.145 5.650 5.019 4.192 a. Compute the internal rate of return for each investment. Use the above table of present value of an annuity three decimal places. The delivery truck fails to exceed the minimum rate of return requirement. The bagging machine fails to exceed the minimum rate of return requirement. Both projects meet the minimum rate of return of 19%. Neither project meets the minimum rate of return of 19%. ding the recommendation abou