Xanax Corp has the following budgeted data: Cash, beginning, is 100,000; Cash, ending, is 80,000.  Net cash flow provided by financing activities was 30,000; issuance of shares for cash is 50,000; Acquisition of fixed assets costing 80,000 (50% down payment and the balance payable by next year); Gain on sale of certain fixed assets with book value of 10,000, at gain of 5,000. If Accounts receive and Accounts payable increased by 4,000 and 6,000, respectively, what is the budgeted net income / loss?

A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows: 0 1 + 2 + -Select- % Project M -$6,000 $2,000 $2,000 $2,000 $2,000 $2,000 Project N -$18,000 $5,600 $5,600 $5,600 $5,600 $5,600 a. Calculate NPV for each project. Do not round intermediate calculations. Round your answers to the nearest cent. Project M: $ Project N: $ Calculate IRR for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: Project N: Calculate MIRR for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: Project N: Calculate payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: Project N: years Calculate discounted payback for each project. Do not round intermediate calculations. Round your answers to two decimal places. Project M: Project N: years b. Assuming…

Create a budget for the following project: Blazer Company plans on purchasing new equipment to retool its manufacturing process. The project will involve the acquisition of equipment, installation of the new equipment, selling off the old equipment and training the workforce on the new equipment and processes. Blazer expects this project to take two years from beginning to end. Costs and expected income for the project are as shown below. Your task is to create a two-year cash budget for the project and compute a return on investment (ROI) for the project. You may ignore the time value of money in your calculation. You may make reasonable assumptions to complete this problem so long as you document them. Facts: a. The equipment to be purchased will cost $455,000. The equipment will be purchased and paid for at the beginning of Year 1. b. Installation cost will be $55,000. c. Blazer will purchase a maintenance contract for the equipment. The first year of maintenance is included in the…

We have the following information regarding the public budget of a given country for a given fiscal year (all amounts are expressed in euros): -Current revenues = 23,000 -Capital revenues= 3,450 -Capital expenditures = 5,500 -(Total) Current expenditures=45,000 -Interest payments of public debt =195 -Repayment of public debt= 15,000 -Sale of financial assets= 2,345 -Investment in financial assets= 135   Calculate then the following budget indicators: (i) Public deficit/surplus (ii) Primary deficit/surplus (iii) Debt issued (iv) Gross variation in the stock of debt (v) Net variation in the stock of debt