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1.   From Scenario 1, evaluate the technology proposed by Shawn Paschal. What is your recommendation on the adoption of this technology? Explain your reasoning.

2.   From Scenario 1, what do you recommend to King Fisher regarding changing their 30 day collection period? Explain your reasoning.

3.   From Scenario 2, what are your recommendations on the investment project? Explain your reasoning. 

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4.   From Scenario 2, what are your recommendations for investment in the new technology?

5.   From Scenario 3, evaluate King Fisher's target capital structure. What are your recommendations?  Consider the impact of taxes and explain your reasoning.

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