Explain what the payback period is

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Question: You will be conducting an ROI and Payback Period Analysis. Working with the attached Excel spreadsheet, you are to determine two scenarios that are given to you and figure out the ROI and Payback Period for each scenario. All the data, as well as a template, are provided to you. Scenario: You are trying to find a way to invest in software to help improve the websites you create. - In Scenario 1, the software cost is 10,000 and will produce 8 websites that you will sell for $1,500 each. - In Scenario 2, the software cost is $12,500 and will produce 9 websites that you will sell for $1,650 each. Excel Spreadsheet: M9 - ROI and Payback.xlsx Download M9 - ROI and Payback.xlsx Once you have figured out the ROI and Payback Period, you are to submit an APA formatted paper and include the following: Introduction Summarize the scenarios that you want to present to your boss ROI Explain what ROI is (Define). What are the ROI results for both scenarios? Solely based on ROI, which scenario would you recommend to your boss and why? Payback Period Explain what the Payback Period is (Define). What are the Payback Periods

Reference no: EM133459911

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Explain what the payback period is : Summarize the scenarios that you want to present to your boss ROI Explain what ROI is (Define). What are the ROI results for both scenarios?

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