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Wendell's Donut Shoppe is investigating the purchase of a new $39,600 conut-making machine. The new machine would permit the company to reduce the amount of

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Wendell's Donut Shoppe is investigating the purchase of a new $39,600 conut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings of $5,400 per year. In addition, the new machine would allow the company to produce one new style of donut, resulting in the sale of 2,500 dozen more donuts each year. The company realizes a contribution margin of $2.00 per dozen donuts sold. The new machine would have a six-year useful life Click here to view Exhibit 148-1 and Exhibit 148-2. to determine the appropriate discount factor(s) using tables. Required: 1. What would be the total annual cash inflows associated with the new machine for capital budgeting purposes? 2. What discount factor should be used to compute the new machine's internal rate of return? (Round your answers to 3 decimal places.) 3. What is the new machine's Internal rate of return? (Round your final answer to the nearest whole percentage.) 4. In addition to the data given previously, assume that the machine will have a $11,780 salvage value at the end of six years. Under these conditions, what is the internal rate of return? (Hint: You may find it helpful to use the net present value approach; find the discount rate that will cause the net present value to be closest to zero.) (Round your final answer to the nearest whole percentage.) es 1. Annual cash infiows 2. Discount factor 3 Internal rate of return 4. Internal rate of retum % % EXHIBIT SAD-1 Prozent Value of $t 10 Periods 55 0 73 94 35 145 10% 20% 2T 22 23 25% 1 0962 0.952 0.943 0.9350926 0917 0.909 0.901 0893 0.885 0.877 0.8700862 0.855 0.847 0.340 0833 0626 0.520 030 0.000 0.800 2 0925 0.907 0.890 0.873 0.57 0.842 0.820 0.812 0797 0.783 0.709 0756 0743 0731 0.78 0.706 0694 0.683 0.672 0661 0650 0640 3 0.889 0964 0.540 0.816 0296 0.72 0.751 731 0.712 0.693 0.615 0658 0641 0624 0.609 0.593 0.579 0564 05510337 05:24 0.512 4 0.855 0.02 0.792 0.163 0.735 0.70 0.68 069 0.636 0.613 0.592 0.572 0552 0.534 015 0499 0462 0.467 0.451 0.437 0423 0410 5 0.022 0.784 0.17 0.713 0681 0.650 0.621 0.593 0567 058 059 0497 0.476 0.456 0.437 0419 0402 0.386 0.370 0.355 03410328 6 0790 0.740 0905 0666 0.630 0596 0564 0.535 0507 0480 0.456 0432 0.40 0.390 0.00 0.352 0335 6.319 0.303 0.299 0.2750202 7 0.750 0.7 0.665 0623 0.58305470513 0.482 0452 0425 0.000 0.376 0354 0.333 0.314 0.296 0279 0.263 0.249 0.235 0.222 0.210 3 0731 0677 0.027 0.582 0340 0.502 0.467 0434 0.404 0375 0351 0327 0.305 0.285 0.266 0.249 0237 0213 0.2040191 0179 0368 9 070006450592 0544 0500 0.460 0.424 0.991 0.361 0.333 0.308 0.784 0263 024 0.225 0.209 0.194 0 180 0.157 0.155 0144 0.134 90 0:576 0.64 0.55805080463 0422 0.330 0.352 0322 0295 0270 0.247 0227 0208 0191 0.175 0302 0140 0107 0126 0110 0107 11 0.650 0.585 0.5270475 0.429 0.383 0.350 0.312 0257 0.261 0.237 0.215 0.195 0178 0.162 014 0.135 0:123 0.112 0.103 0 0900.000 0.65 0.557 0497 0.41 0.397 0356 0.319 0286 0257 0231 0.200 0.107 Osea 0:1520:137 0.124 0.112 0102 0.092 0.083 0.076 0.069 0.001 0530 0.400 0.45 0.368 0.326 0.250 0.250 0.229 0.2040.152 0.100 0.145 0130 0.116 0.104 0090 0.034 0.075 0.068 0.061 0.055 50 0.577 0.505 04420385 0.340 0.299 0.03 0.2320205 0.101 0160 0541 0.125 011 0.099 0.008 0.078 0065 0.062 0055 0.0400046 15 0.555 0.481 0417 0.352 0.315 0.275 0.239 0209 03 0.160 01400123 0.00 0.095 0004 0.014 0.065 0.057 0.051 0.045 0.040 0.035 16 0534 0,450 0.3940339 022 0252 0.21 0.80 0363 0141 01230107 0.090 0001 0.071 0.002 0.054 0047 0042 0.036 0.032 0.020 17 0.53 0.136 0371 027 0270 0210.190 0.100140 0.125 0108 0.000 0.000 0.000 0.000 0.052 0.045 0030 0.034 0.030 0026 0023 18 0498 0.4160350 0.296 0.250 0.212 0.100 0153 01300111 0,095 000 0000 0059 0.051 0044 0.033 00320028 0.024 0.021 001 19 0.475 0.796 0.331 0.277 0232 0,194 0304 0138 0115 0.099 0083 0.000 0.000 0.051 0.043 0,027 003 0027 0023 0.020 0.017 0014 0.456 017 0312 0.250 025 0179 0.590024 01040087 0.073 0.061 0.0510043 0.037 0.001 0.026 0022 0.019 0.016 2014 0012 0.09 0.750 02940242 0199 0954 0135 012 0.090 0.077 0064 0.053 0044 0.007 0031 0026 0.0220018 0.015 000 0011 22 0.422 034202730225 034 0150 0.000 0130101 0.083 0.0000056 0.046 0.0380032 0.025 0.022 0.018 00150000 0.041 0.0090007 0.406 03260262 0.21 0.170 Ons 0,112 00910074 0.060 000 0.000 0.033 0.027 0.0220092 0.015 0.0120.010 0.000 0.007 0.006 20 030003310020 0197 0.150010 0302 0.002 0.0660053 000 0.035 0028 0023 0.0190015 0.00 0.01000000007 0.006 0005 375 0295 0235 0.154 0:14 016 0092 007 0059 004 0038 0.030 0.024 0.020 0016000 0.00 0.000 0.007 0.008 0.005 0.004 0300002200172 013501000004 0006 005 0042 0033 002000210011001400 034702000207 01 0000 0.0070006 0.0050004 0.003 0125 0.00 0.00 000 0047 00370029 002 000014 072102550156 001 0.0090.007 0.008 0.005 0.001 0.001 0.002 01500 0.000 0.000 0.054 0012 0.0330026 0.02000160002000000000006 0.005 000 000 0002 0.002 20 0.3210245050141 0302 00320063 000097 0.0290022 0.01 0.014 0011 30 030802 0176 0000 0000 0000 0004 0.003 0.002 0.002 0.002 0.090 0.75 0.057 004 003 0020002000150012 0.0000002 0.005 0004 0.003 0.0000002 0.002 0.00 0.2000 B070067 0.00001200220015001 000 0005 0.001 0.003 0.002 0.001 0.001 0.001 0.000 0.000 0000 0000 0.000 00 BOHIBIT M8-2 Print Veive of an Annuity of Sin Area renos 2 4 5 7 e 06 12 19 11 15 03 9% To 125 133 15 191 202 203 225 231 245 O. 0.952090 0.920 0.30 0909 0.01 0.09 08 07 0.870 0362 0,855 0.347 0.40 0.533 0.0260920081 0.000 0.000 1333 1000 1700 1250 1736 10 6000164 1626 1605 155 156 157 152615091492 144 1457 10 2775 2727 2673 2020 2577 251 2.407 2444 2.403 2.3012322 2280 2246 2210 211 2110 2106 2074 2047 201 1991 1992 330 3.546 3465 3.38 3312 3240 2170 2102 2037 2976 2.9112955 2.70 270 2000 2009 2.500 2.500 2494 2440 2.404 2362 452 4320 22 4.100 3.990.000 1791209636053511 2421152127031993.127 3058 2.901 2.920 2004 2003 2.75 2600 S2 5076 4907 4760 4523 4486 355 421 411 1990 32.704160515093.490 240 2320 274523623092 3020 2.951 6.002 570 5582 5.30 5206 5033 436 4712 556 4423 4288 4.500 4009322 3706300515003.116 3327 120 351 6733 6,161 6210 574 5.535 5.3355140 4900 479046094B 4.346 4207 40783954 3.837 3.7263619 3518 24212329 7435 2500 6302 6247 5995 5.750 5.537 5320 5132 4945471246074514300416340313.905 3.786 38733565 1467 7722 7360 7024 6.7 61 808 5650 5424 5.295.00 14659 49 42194192 4.054 1923 37993582 1571 0 1300 2007 2490 7129 6.505 6.4956207 5.50 5.60 5.453 5234 5029 4835 1656 4.496 4327 47 40353902 376 3656 2756 7000 7536 7.151 064261045911 5000 542 5197 49 479040 4 419 420 42 3.9853851 2725 So 9.390 8853 7582904 7407 2003 6750642461225342 550 532 5110 4910 4715 453324203053 1912 3730 10563 999 9.295 3.705 3.214 7786 7361 902 6621 6502 6.002 5724540852295000 4002 4611 402 4200 400 3002 3834 1030970 9.00 3001 76057191 660626142 5.8475575 532150924675441941 60013559 5210838 40 1851 78247379974 5604 626 5.954 5668 SO 512 4900 4720 45304357 410 4.033.007 126 1124477922 2544 302275497820 6.7236372 60425749 5.4755222 4990 477 576 4391 2190591910 1260910000 10.00 9.372 750 1.21 702 72506540 6.467 628 50185534 527503304608 449 420 4080 3.920 13000 150 10.7709604 5.950 0.365 782973666930 655061907 5564 5.75070454316054422 423 4097 3942 13.500 2.467 40 10:54 900 47903 7600 7025 6623 6.250 5929 5628 5.353 5101 430 4657 400421940 3554 11029221754 1036900179792 1040 75 752 702 46076712 593 5.065 5127 445630042010201 9442 9910156420 42924121 17645 3.963 7170 070 6140 5665.410 599 04,690 444.302400 2.970 14949033112121017500 88831266 72306792 691 604 57235425167 29254703 15347250 114090529 0.707 986 3487704728063056434 60735746 54515102937470 276 1507 431013 153202710011006759133 SOT 3.981 1432715031330 673 46460975766 467 5195 194 4724 21 323 117 5000 60 9929 1995 201 3.78567372 600 6.4016 5754805 2069564720452026151 101460) H300272375 7943 T10959356514 635790549252549544734528 43324154 0 291 406 107 1051 1990 9.307060979047411 0961 662 50103502522349704739421354157 1012211158 0190 937000022 706902551 65120551052294974490143374159 2993 173922 0752499 250 9.4271604 3055 2496100 1650 1000 51295517527597070253443041603999 570 nous S75707951 224 7634 7050505055414007 4045443440629 DC 15 20 21 2 24 25 20 20 SUGE

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