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

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Flounder 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 $241,000. In addition. Austin estimates that the new machine will increase the company's annual net cash flows by $38,900. 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. (Round answer to 2 decimal places, e.g. 15.21.) Cash payback period years Attempts: 1 of 1 used Your answer has been saved. See score detalls after the due date. Your answer has been saved. See score details after the due date. Calculate the machine's internal rate of return. Internal rate of return Attempts: 1 of 1 used (c) Calculate the machine's net present value using a discount rate of 11%. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 5.275.) Net present value

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