Homework: Week 5 Chapter 10 Question 1, P10-2 (similar to) Part 1 of 6 HW Score: 0% 0 of 100 points Points: 0 of 25 Save Incom Payback comparisons Nova Products has a 5-year maximum acceptable payback period. The firm is considering the purchase of a new machine and must choose between two whernatives. The first machine requires an initial investment of $32,000 and generates annual after tax cash inflows of 57,000 for each of the next 12 years. The second machine requires an initial investment of $39.000 and provides an annual cash intlow taxes of $8.000 for years a. Determine the payback penod for each machine. b. Comment on the acceptability of the machines, assuming that they are independent projects c. Which machine should the fem accept? Why? d. Dotho madines in this problem atrate any of the weaknesses of using payback? stion 4 (0:25) art The puhuck partod for the best machine ya Round to two decimal place) 214 D