Please note the below

lease note that for calculation purposes use $11\%$ as the cost of capital & $30\%$ as the company's tax rate.

Essentially based on the facts of the case you will need to make a determination whether to refurbish the existing finisher or purchase a new one. That will require you to identify all relevant cash flows and perform a NPV calculation. I recommend you net the cash flows so that you have only one NPV not multiple ones.

You should submit your NPV calculations plus a one page summary that supports your NPV calculations. This should include what other factors you took into consideration when choosing which alternative was best.

Please note that for calculation purposes use $11\%$ as the cost of capital & $30\%$ as the company's tax rate.

Essentially based on the facts of the case you will need to make a determination whether to refurbish the existing finisher or purchase a new one. That will require you to identify all relevant cash flows and perform a NPV calculation. I recommend you net the cash flows so that you have only one NPV not multiple ones.

You should submit your NPV calculations plus a one page summary that supports your NPV calculations. This should include what other factors you took into consideration when choosing which alternative was best.