Bramble Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin...

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Bramble Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $222,400. In addition, Austin estimates that the new machine will increase the company's annual net cash flows by $35,900 The machine will have a 12-year useful life and no salvage value. Click here to view PV tables (a) Your answer has been saved. See score details after the due date. Calculate the cash payback period (found anewer to 2 decimal places, eg 15.21) Cash payback period 419 years (b) Calculate the machine's internal rate of return Internal rate of return i Attempts: 1 of 1 used Bramble Doggy, Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $222,400. In addition, Austin estimates that the new machine will increase the company's annual net cash flows by $35,900 The machine will have a 12-year useful life and no salvage value. Click here to view PV tables (a) Your answer has been saved. See score details after the due date. Calculate the cash payback period (found anewer to 2 decimal places, eg 15.21) Cash payback period 419 years (b) Calculate the machine's internal rate of return Internal rate of return i Attempts: 1 of 1 used