You are a members of the executive team working for Apple Computer. The Board of Directors has asked that you to explain the use of Capital Budgeting (a. Time-Value of Money b. Net Present Value and other methods) on Apple's ongoing decision making. They would like you to explain how and why Apple could use the above tools in its business activities and how such tools can help contribute to the profitability of Apple currently and in these ever-changing times.

Provide an analysis of capital budgeting analysis and its connection to Apple, while explaining the profit connection with the subject matter to the Board of Directors.