Supreeme is thinking of expanding its showroom to include a cafe on the Bowery. The managers think that setting up the n
Posted: Wed May 18, 2022 11:04 pm
Supreeme is thinking of expanding its showroom to include a cafe on the Bowery. The managers think that setting up the new location will cost $300 (all numbers are in thousands). They expect to earn $150 the first year, $100 the second year, $100 the third year and $50 the fourth year. Their current WACC is 9%. What is the NPV of this project?