3. You are upgrading to better production equipment for your firm's only product. The new equipment will
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3. You are upgrading to better production equipment for your firm's only product. The new equipment will allow you to make more of your product in the same amount of time. Thus, you forecast that total sales will increase next year by 18% over the current amount of 250,000 units. If your sales price is $25 per unit, what are the incremental revenues next year from the upgrade?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292018409
3rd Global Edition
Authors: Berk, Peter DeMarzo, Jarrad Harford
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