In: Accounting
How would you determine if the investment in improving a product by further processing or adding better materials would be beneficial?
To determine the profitability from the investment to be made, these require a deep analysis on various factors to reach to the conclusion that is it good to invest on this or not.
The ways to determine these are :
These are the ways to decide the investments being done would be beneficial or not. And if after these analysis it is proved that investment is worth doing, one should proceed.