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Aakav works for an organization that follows a decentralized model. Brenda, the production manager of her business unit has come to Aakav to discuss the
Aakav works for an organization that follows a decentralized model. Brenda, the production manager of her business unit has come to Aakav to discuss the possibility of purchasing a new piece of equipment. Brenda has indicated this new equipment could generate $24550 of sales, and the expenses (after depreciation) to support it would be 70% of the new sales. After speaking to a supplier, Brenda learns that the new equipment can be purchased for $17550. What is the Return on Investment for the new equipment? 97.92%30.00%41.97%88.92%
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