A decision to make a particular investment is dependent on whether the future returns can be justified in terms of the present cost outlay. These three calculations can help you make an informed decision.
Joe Mocciaro, CPA, CMA, is a Partner at Bowers & Company CPAs PLLC. Reach him at 315-234-1179 or JMM@bcpllc.com. Bowers & Company CPAs aims to offer helpful information to our clients and friends. Learn more about how we can help should your manufacturing business need accounting and financial services.
When deciding whether to make or buy a product, making a decision based on opinions that are not supported by financial data is careless and costly.