Capital Memo For this discussion you will assume the role of the Cost Accountant and...
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Accounting
Capital Memo For this discussion you will assume the role of the Cost Accountant and will be responding to the CFO. Xxxx, The company is looking to invest $800,000 for two addition lines for production. Our current ROI targets are at 15%. These two lines would then produce annual profits of $65,000 for each line. Do you think the company should move forward with this purchase? Mrs. Evans CFO
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