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Please only answer the instructions above based on the 2 cases below, thank you for your help.

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Case 1: Compute the NPV of the Berkshire-Precision Castparts Acquisition using the following assumptions. Cost of sales and operating expenses for the 12 months ending 3/31, Risk free rate =2.4% Terminal value, 2018 with a 2.3% growth rate. Case 2: Repeat questions (1) and (2), replacing the following ratios with these values: ase 1: Warren E. Buffet \begin{tabular}{|r|r|r|} \hline 1444.32 & 1444.32 & 27936.78 \\ \hline 1339.876618 & 1242.98587 & 22303.89 \\ \hline \end{tabular} NPV is negative; reject acquisition. see page 1 , line 3 , for acquisition price of PCP, or the initial investment by Berkshire. Case 2 The Battle for Value UPS is the industry's low-cost provider, diversifying into health care logistics and emerging markets. Federal Express, complemented its lowmargin express offerings with high-margin ground services. Questions-Assignment 1 1. Describe the competition in the overnight package delivery industry, and the strategies by which UPS and Federal Express are meeting the competition . 2. If you had to identify one of the companies as excellent, which company would you choose, and why? Key ratios include operating income growth (an increase is a sign of efficient operations), total asset turnover (a decline for both firms indicates that they are less effective in generating sales from their investment in assets), weaker current and cash ratios for UPS shows declining liquidity, though their profitability is higher than Fedex's