Your 504 Technologies client is thinking about buying either tablets or smartphones for her traveling crew, and has asked you to verify if it would be a financially good investment. The client intends to purchase 5 such devices and thinks that using this kind of technology will ultimately save her company $4000 over two years, as it will save on travel expenses and employee overtime.

There will be other costs in addition to the purchase of the devices, of course:

• A monthly connection fee of $5 per month per device will be charged by the internet provider.
• Over a period of five years, you estimate that each of the devices will need a repair that costs an average of $50.
• At the end of that five-year period, you estimate the resale value of each device to be 50% of its original value (rounded to the nearest whole dollar for this exercise).

Light Research:

You will need two sources for this assignment:

2. Shop online for a tablet or a smartphone that costs between $150 and $350 (base price, not including tax or shipping). You may use any vendor's site you wish; your professor must be able to view the site without logging in, however. For your calculations, round the cost to the nearest dollar.
4. Find a suitable online source (not a library item and not one that requires login information) that explains Net Present Value.

Write and Calculate:

• Add your name and the date to the template's cover page.
• Product Identification:
  • Use the dropdown in the template to identify the device as either a tablet or a smartphone.
  • Fill in the device product information as indicated on page 2.
  • Make sure the URL is complete (not to a home page).
• ROI Calculation:
  • Base this answer on the purchase of five of these devices.
  • Assume the ROI is based on one year.
  • Use the base price of the devices rounded to the nearest dollar, without adding any tax, shipping, or other costs.
  • Show your math clearly, either in paragraph or equation form. Provide an explanation (labeling), not just the numbers. Round your final percentage to the nearest whole number.
• TCO Calculation:
  • Base your answer on the purchase of just one device
  • The time period for this calculation is five years.
  • Again, use the base price of the device rounded to the nearest dollar.
  • Make sure you include internet access, repairs, original costs, and resale value at the end of the time period. Do not add any tax or other potential costs.
  • Show your math clearly, in equation, chart, or paragraph form. Provide an explanation, not just the numbers.
• NPV Explanation:
  • Do not attempt to calculate this; instead, write a paragraph of 50-80 words explaining the concept of Net Present Value.
  • Write this entirely in your own words and in formal style. Do not copy or quote from your source.
• Additional Sources:
  • Insert the URL to your NPV source. As this is a work document, in-text citation is not appropriate in the NPV paragraph.

Answer rating: 100% (QA)

Lets break it down step by step 1 Product Identification Choose either a tablet or a smartphone with... View the full answer