Henrie’s drapery service is investigating the purchase of a new machine for cleaning and blocking drapes. the machine would cost $151,640, 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.
(a)- compute the machine's internal rate of return to the nearest whole percent.
(b)- compute the machine's net present value. use a discount rate of 10%.
(c)- suppose that the new machine would increase the company's annual cash inflows, net of expenses, by only $36,000 per year. under these conditions, compute the internal rate of return to the
nearest whole percent.

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))