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Woodfire Pizzeria is considering acquiring a new pizza oven. The pizza oven would cost $102,990, including installation and shipping. Woodfire estimated the new pizza oven

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Woodfire Pizzeria is considering acquiring a new pizza oven. The pizza oven would cost $102,990, including installation and shipping. Woodfire estimated the new pizza oven would increase the company's cash inflows, net of expenses, by $30,000 per year. The pizza oven would have a five-year useful life and no salvage value. Click here to view Exhibit.128.1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using table. Required: 1. What is the pizza oven's internal rate of return? (Round your final answer to the nearest whole percentage.) 2. Using a discount rate of 14%, what is the pizza oven's net present value? 3. Suppose the new pizza oven would increase the company's annual cash inflows, net of expenses, by only $25,790 per year. Under these conditions, what is the internal rate of return? (Round your final answer to the nearest whole percentage.) 1. Internal rate of retum 2. Net present value 3. Internal rate of retum

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