0 Required information [The following information applies to the questions displayed below.) A company is considering Investing in a new machine that requires a cash payment of $47,907 today. The machine will generate annual cash flows of $19,946 for the next three years. What is the internal rate of return if the company buys this machine? (PV of $1. Ey of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided.) Amount invested Annual Net Cash Flow Present Value Factor 0 Internal Rate of Return [The following information applies to the questions displayed below.) Most Company has an opportunity to invest in one of two new projects. Project Y requires a $335,000 investment for new machinery with a four-year life and no salvage value. Project Z requires a $335,000 investment for new machinery with a three-year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year . (PV of $1. FV of $1. PVA of $1. and FVA of $1 (Use appropriate factor(s) from the tables provided.) Project Y Project 2 $365,000 $292,000 Sales Expenses Direct materials Direct labor Overhead including depreciation Selling and administrative expenses Total expenses Pretax income Incone taxes (286) Not income 51,100 36,500 73,000 43,800 131,400 131,400 26,000 26,000 281,500 237,200 83,500 54 23,380 15,204 $ 60,120539,096 2. Compute each project's accounting rate of return. Accounting Rate of Return 1 Choose Denominator Choose Numerator Accounting Rate of Return Accounting rate of retum o PromctY Project