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* Your answer is incorrect. Carla Vista Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of
* Your answer is incorrect. Carla Vista Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $180,000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $39,445. Click here to view the factor table. What is its approximate internal rate of return? (Round answer to 0 decimal place, eg. 13%) Internal rate of return %
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