Kualoa Corporation is trying to assess the risk of two possible capital budgeting proposals. The company has developed pessimistic, most likely, and optimistic estimates of the annual cash inflows.  They are given in the following table. The firm's cost of capital is 10 percent. What is the range of the annual cash inflows for Project A?

Compare and contrast the role and preparation of a master budget in a company's financial planning process, and discuss how it can be used to coordinate the activities of different departments and improve decision-making.

In the prospectus for the Brazos Aggressive Growth fund, the fee table indicates that the fund has a 12b-1 fee of 0.35 percent and an expense ratio of 1.55 percent that is collected once a year on December 1. Joan and Don Norwood have shares valued at $114,500 on December 1. What is the amount of the 12b-1 fee this year? What is the amount they will pay for expenses this year?

Restituto Dimaalis is VP Corporate Planning of Philippine Canning Corp. (PCC), one of the biggest fish canning companies in the Philippines with Sales of about PhP 12.0 B in 2012.  Its main product is tuna with the cannery located in General Santos City, South Cotabato.  Its secondary product line is sardines with the cannery located just outside Zamboanga City.  The company’s head office is located in Makati.   Reviewing company performance over the past few years, Resituto thought the picture looked good.  The cannery in Gen San, together with the corresponding fish port was new, having been completed 5 years ago.  The company had invested a little over PhP 500.0 M in this project but it seemed to be paying off both in terms of increased efficiency as well as capacity.  Most of the machinery and systems (60% of cost) was financed through 10 yr. US$ denominated debt while 30% of the balance was funded through long term PhP denominated debt and the rest through Retained Earnings. The…