Capital Memo For this discussion you will assume the role of the Cost Accountant and will be respond

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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