Sunny Days Corporation is deciding whether to automate one phase of its production process. The equipment has a six-year life and will cost $370,000. Projected net cash inflows from the equipment are as follows: Year 1 $140,000 Year 2 $100,000 Year 3 $80,000 Year 4 $180,000 Year 5 $76,000 Year 6 $93,000 Sunny Days Corporation's hurdle rate is 12%. Assume the residual value is zero. What is the net present value of the equipment

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?