.US Weygandt, Managerial Accounting, Fifth Canadian Edition ACCOUNTING AND FINANCIAL MANAGEMENT (BUSH 5100 - BUSM 6 & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment FULL SCREEN PRINTER VERSION BACK NEX RCES Exercise 13.17 Kendra Corporation is involved in the business of injection moulding of plastics, It is considering the purchase of a new computer-aided design and manufacturing machine for $452,200. The company believes that with this new machine it will improve 63 productivity and increase quality, resulting in a $122,300 increase in net annual cash flows for the next five years. Management requires a 14% rate of return on all new investments. Click here to view PV table. Calculate the internal rate of return on this new machine. (Round answer to 0 decimal places, e.g. 10%. For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.52124.) Part Internal rate of return Should management accept the investment? The Investment be accepted. Study By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor