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DUE ON FRIDAY JULY 5, BY 2PM EASTERN TIME NO LATER!NOT LATER! NO LATER! I ONLY WORK ON THIS SITE AND IF YOU DONOT HAVE QUALITY FEEDBACK I WILL NOT USE YOU. Students are required to select and research one of the forum topics listed below using a minimum of 3 reference sources in addition to the textbook and then write a 1,000-word or moreresponse to the forum topic. APA format is required. Also submit your forum topicresponse to Turnitin through the Weekly Materials/Week 1/Assignment Submissionfolder for grading.Comprehensive forum topic response contributions will be critically graded on the thought quality of the response, work effort, research, APA format, and analysis. Refer to the rubric for thisassignment in the Syllabus section of Blackboard. Select one of the following forumtopics to research and write about.Week 1 Forum Topics - Chapter 1: An Overview of Financial Management and theFinancial Environment-Types of Company Ownership-The Primary Objective of theCorporation-TheProcess of Securitization and its Results-FinancialInstitutions-FinancialMarkets-TheGlobal Economic Crisi -Derivatives (Web Extension 1A)

Capital Budgeting CaseYour company is thinking about acquiring another corporation. You have two choices—the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are your critical data:Corporation ARevenues = $100,000 in year one, increasing by 10% each yearExpenses = $20,000 in year one, increasing by 15% each yearDepreciation expense = $5,000 each yearTax rate = 25%Discount rate = 10%Corporation BRevenues = $150,000 in year one, increasing by 8% each yearExpenses = $60,000 in year one, increasing by 10% each yearDepreciation expense = $10,000 each yearTax rate = 25%Discount rate = 11%Compute and analyze items (a) through (d) using a Microsoft® Excel® spreadsheet. Make sure all calculations can be seen in the background of the applicable spreadsheet cells. In other words, leave an audit trail so others can see how you arrived at your calculations and analysis. Items (a) through (d) should be submitted in Microsoft® Excel®; indicate your recommendation (e) in the Microsoft® Excel® spreadsheet;  the paper stated in item (f) should be submitted consistent with APA guidelines.a.A 5-year projected income statementb.A 5-year projected cash flowc.Net present value (NPV)d.Internal rate of return (IRR)e.Based on items (a) through (d), which company would you recommend acquiring?