Samantha Charleston identified relevant costs but didn't complete the analysis. Complete the analysis and determine total savings
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Question:
Samantha Charleston identified relevant costs but didn't complete the analysis. | |||||
Complete the analysis and determine total savings (if any) each year and for the three-year period. | |||||
Make sure to use formulas and calculations in the cells to arrive at your answer. | |||||
Process Checks As-Is | Automate Check Processing | ||||
Annual Cost (Savings): | |||||
Bank Charges of Processing Recurring Payments | |||||
Bank Charges of Processing other Electronic Payments | |||||
Savings in Salary Reductions | |||||
Savings in PC, IT support, other costs | |||||
Savings in postage costs | |||||
Annual Costs over Three Year Period: | |||||
Severance Payments for Staff Reduction | |||||
Total Savings over Three Year Period | |||||
Requirement 2: Determine two qualitative (nonfinancial) costs relating to the automation of the | |||||
electronic payments decision. | |||||
Requirement 3: Would you automate the check processing? Why or why not? |
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: