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Check my Henrie's Drapery Service is investigating the purchase of a new machine for cleaning...

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Accounting

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Check my Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost $137,320, including freight and installation. Henrie's estimated the new machine would increase the company's cash inflows, net of expenses, by $40,000 per year. The machine would have a five-year useful life and no salvage value. Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factoris) using table. S7 Required: 1. What is the machine's internal rate of return? Round your answer to whole decimal place Le 0123 should be considered as 12% Using a discount rate of 14%, what is the machine's net present value? Interpret your results. machine would increase the company's annual cash inflows, net of expenses, by only $34,390 per year. Under e of return? (Round your answer to whole decimal place i.e. 0.123 should be considered as 12%.) es

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