What is a budget? A spending plan showing sources and uses of income. A limit on spending that cannot be exceeded. The amount of money that a credit card will let you

The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $60,000. The annual cash flows have the following projections:  Year 1 ........... 2 ........... 3 ........... 4 ........... 5 ........... Cash Flow $23,000 26,000 29,000 15,000 8,000  a. If the cost of capital is 13 percent, what is the net present value of selecting a new machine?  I need to see the work. I can't use Excel to solve the problem. Excel doesn't help me solve Part a.

Pat and Chris have identical interest-bearing bank accounts that pay them $15 interest per year. Pat leaves the $15 in the account each year, while Chris takes the $15 home to a jar and never spends any of it. After five years, who has more money? Pat. Chris. They both have the same amount. Don’t know

Assume a firm has earnings before depreciation and taxes of $200,000 and no depreciation. It is in a 25 percent tax bracket. a. Compute its cash flow using the following format: Earnings before depreciation and taxes _____Depreciation _____Earnings before taxes _____Taxes @ 25% _____Earnings after taxes _____Depreciation _____Cash Flow _____ b. Compute the cash flow for the company if depreciation is $200,000. Earnings before depreciation and taxes _____Depreciation _____Earnings before taxes _____Taxes @ 25% _____Earnings after taxes _____Depreciation _____Cash Flow _____ c. How large a cash flow benefit did the depreciation provide?

Assume a $40,000 investment and the following cash flows for two alternatives. Year                       Investment X                      Investment Y  1                               $6,000                               $15,000  2                                 8,000                                 20,000  3                                 9,000                                 10,000  4                               17,000                                     —  5                               20,000                                     — Which of the alternatives would you select under the payback method?

The Short-Line Railroad is considering a $140,000 investment in either of two companies. The cashflows are as follows:Year                   Electric Co.                   Water Works1..................         $85,000                         $30,0002..................           25,000                           25,0003..................           30,000                           85,0004–10............           10,000                           10,000a. Using the payback method, what will the decision be?b. Using the Net Present Value method, which is the better project? The discount rate is 10%.

What is corporate finance explain its important?

What is corporate finance? can you explain more?

General accounting problem.