Hi CAN YOU PLEASE HELP ME WITH THIS MEMO FOR MY ACC 331 CLASS ? THIS IS WHAT WE HAVE BEEN GIVEN AND I NEED TO COME UP WITH QUESTIONS TO ASK THE COMPANY AND A MEMO FOR 200-400 WORDS. THANK YOU IN ADVANCE.

We once again need your help. We are considering making a $2,000,000 purchase of equipment to help us deal with issues related to Covid-19. We believe in our research and our research tells us that this purchase will return net cash flows of $1,000,000 at the each of the first year, plus $200,000 from year 6 through 15. Plus if the company did over $100 million in cumulative sales by the end of year 15, we would receive an additional $3,000,000. We believe there is a 70% probability that this equipment will help us achieve over $100 million in cumulative sales but we need you to help us in making the final decision.

Can you and the members of ACC 331 help us in making this decision? Oh, we assume the annual interest rate (or cost of capital) is 10% annually. Can you help us? Will you charge us for your service and if so, how much will you charge us? We need your help by May 8, 2022. After this date, we will not need your help.

REQUIRED: In a memo to management, what questions do you have for this company? Based on the answers to your questions, please provide a decision to this company by May 8, 2022.