Current mammography system is five years old

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Reference no: EM131180052

You are the newly appointed radiology director of a 300-bed community hospital. On your first day of duty, your chief radiologist approaches you about the idea of obtaining a new state-of-the-art mammography system costing $300,000.00. The current mammography system is five years old and truly is outmoded. How will you analyze the financial prospects for proceeding with this capital purchase? Be sure to consider payback and net present value in your answer. Your response should be at least 200 words in length.

Reference no: EM131180052

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