This week, please read the continuing case at the end of Chapters 10 and 11 in your textbook.
After studying the Chapter 10 case, respond to the following:
- What cash flows does the board need to consider? Prepare a schedule that lays out the cash flow estimates.
After studying the Chapter 11 case, respond to the following:
- Should PCI lease or buy, assuming a cost of capital of 4 percent? 6 percent? 8 percent