H&M is looking at revamping their whole website which they think will drive more Online...
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Accounting
H&M is looking at revamping their whole website which they think will drive more Online traffic to their site. The cost for this redesign is $15,000,000 (Now) and they believe they can sell a additional items starting the next year. Assuming their average item sells for $26.00 and their costs are $21.00 on average. How many items do they have to sell per year for this investment to be cost effective and break even if their company MARR is 20% and the project life is expected to be 4 years?
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