Place yourself in the position of an executive manager (e.g., CEO, CFO, or COO) of The Home Depot. Further assume that you and your colleagues believe that it is time to further expand the company by way of new store locations. It is estimated that the cost of this expansion will be approximately $200 million.
In the current economic climate, is it appropriate for us to be considering this expansion? In other words, would such an expansion be in the best interest of our stockholders? Why or why not?