Problem
What is the PW of Super Tool's new test equipment? The development cost is $1.2M. Net revenues will begin at $300,000 for the first 2 years and then decline at $50,000 per year. Super Tool will terminate sales when net revenues decline to zero.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.