Question -
Assume your company produces metal bike frames and is considering purchasing a state-of-the-art automated welding machine. Using the Net Present Value Method for evaluating long-term investment opportunities presented in and provide an answer for each of the following items:
How would the Net Present Value method help you decide whether to purchase the automated welding machine?
Assume the method you chose results in a "yes" decision for making the purchase. What else might you consider before purchasing the machine?