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4. The executives of a coffee and beverage chain are considering investing in a new line of high volume espresso machines. The machines are expected

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4. The executives of a coffee and beverage chain are considering investing in a new line of high volume espresso machines. The machines are expected to allow faster processing of customer orders and increase sales volume. They also require slightly higher grade coffee beans and more experienced operators of the machines, so that investing in the technology would to raise the cost of goods sold as well as selling and administrative expenses A highly atteinated divisional executive of the chain calls you and suggests that he has already worked out the NPV of the project. He says the discounted 2020 2025 forecasts for accounting net income that would result from the project and that this value wash couitive. Therefore he nes no son to hesitate in proceeding with the project is his son correct

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