You are deciding whether or not to upgrade some of your firm's equipment. The current gear produces
Fantastic news! We've Found the answer you've been seeking!
Question:
You are deciding whether or not to upgrade some of your firm's equipment. The current gear produces $ in profit per year per unit, and the new gear is expected to produce $ in profit per year per unit. The upgrade would cost $ per unit. If the discount rate is and the equipment is expected to operate indefinitely, what is the net present value of upgrading one unit of equipment? Round to the nearest penny.
Posted Date: