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What are the costs of implementing system

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Question - ABC is considering investing in an ERP program. It will have $860,000 in software costs and $250, 000 in employee training costs. If the program is successful, the possible benefits are $1,640,000. If the program fails there will be no benefits. There is a 70% chance the program will succeed and a 30% chance that it will fail. What are the costs of implementing system? What is the present value of the benefits if successful?

Reference no: EM132640492

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