-/ = g View Policies Current Attempt in Progress Crane 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 $172,000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $35,330. Click here to view the factor table. What is its approximate internal rate of return? (Round answer to O decimal place, e.g. 13%.) Internal rate of return % eTextbook and Media Attempts: 0 of 3used Question 11 of 15 -/1 View Policies Current Attempt in Progress Blossom Corporation s involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $444,300. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $108,065 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view the factor table. Calculate the internal rate of return on this new machine. (Round answer to O decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return % Should the investment be accepted? The investment v | beaccepted. eTextbook and Media Attempts: 0 of 3used -/ = g View Policies Current Attempt in Progress Carla Vista Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by $134,020 and will increase annual expenses by $73,000 including depreciation. The oil well will cost $442,000 and will have a $10,000 salvage value at the end of its 10-year useful life. Calculate the annual rate of return. (Round answer to 0 decimal places, e.g. 13%.) Annual rate of return % eTextbook and Media orLate Attempts:0of 3used -/ = g View Policies Current Attempt in Progress Blossom's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $260,000. A new salon will normally generate annual revenues of $55,200, with annual expenses (including depreciation) of $38,500. At the end of 15 years, the salon will have a salvage value of $74,000 Calculate the annual rate of return on the project. Annual rate of return % eTextbook and Media or Late Attempts: 0 of 3used