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 $63,000. the annual cash flows have the following projections. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow1 $ 25,0002 26,0003 29,0004 17,0005 10,000a. if the cost of capital is 6 percent, what is the net present value of selecting a new machine? (do not round intermediate calculations and round your final answer to 2 decimal places.) net present value $b. what is the internal rate of return? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) internal rate of return %

1. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in ease of 2. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in external liability for business 3. a partnership is an association of two or more persons to carry on as co-owners a business for 4. any one partner may be held liable for the entire indebtedness of the 5. a limited partner is liable for the partnership debt only to the extent of her capital 6. a person may be a partner even though he has no authority to conduct the ordinary activities of the 7. a partner may withdraw his capital contribution without the consent of all the 8. when a partner sells his interest in the partnership, the buyer becomes a new 9.every partner owes a duty of good faith, fairness, and loyalty to the other 10. a partner who fails to use ordinary care and skill in discharging assigned duties will be personally liable to the partners for any resulting loss.