Question: Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $50,000. The benefit will be an
Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $50,000. The benefit will be an additional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. The return on initial investment is 10.0% 15.0% 12.5% none of the options 25.0%
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