Question
Your company is in need of business expansion as there is a lot of competition in the market. The CEO proposed to purchase heavy machinery
Your company is in need of business expansion as there is a lot of competition in the market. The CEO proposed to purchase heavy machinery needed for business expansion. Your CEO has asked you to examine the company's financial position and present a report on whether or not you should purchase that heavy machinery. The following are the tasks to be included in the report you will submit. - To identify historical background of your company - To analyze the decision whether or not to purchase machinery by using capital budgeting tools. - To clarify the advantages and disadvantages of these capital budgeting tools - To calculate and evaluate the consequences that will occur after purchasing the machinery
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