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at what point break even occur
Assuming monetary benefits of an information system at $85,000 per year, one-time costs of $75,000, recurring costs of $35,000 per year, discount rate of 12 percent, and a five-year time horizon, calculate the net present value of these costs and benefits of an information system. Also calculate the overall return present a break-even analysis. At what point does break-even occur.
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Please see the guidelines for posting homework problems: https://www.askmehelpdesk.com/financ...-b-u-font.html But a little reading material: Principles of Accounting Chapter 24 |
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