CEO, Worthington Industries (WOR) (a high-technology steel company) slogan : “We try to find the best technology, stay ahead of the competition, and serve the customer...We’ll make any investment that will pay back quickly...but if it is something that we really see as a must down the road, payback is not going to be that important.”

Financial Management: Theory & Practice
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ISBN:9781337909730
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Chapter9: The Cost Of Capital
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Problem 13MC: m. Jana is interested in establishing a new division that will focus primarily on developing new...
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CEO, Worthington Industries (WOR) (a high-technology steel company) slogan : “We try to find the best technology, stay ahead of the competition, and serve the customer...We’ll make any investment that will pay back quickly...but if it is something that we really see as a must down the road, payback is not going to be that important.”

 

In a post of approximately 150 words, explain the role of capital investment analysis for this company

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