What would be the discounted payback period for project

Assignment Help Finance Basics

Reference no: EM131956173

Question: A clothing retailer plans to automate its payroll processing by using a scanner that identifies which clerks sold which items. Management is excited about this system because it can connect directly to the company's existing computer systems. The new automated system will likely save $20,000 a year in labor. The new system will cost about $45,000 to build and test prior to operation. Operating costs will be about $5,000 per year. The system has a six-year useful life. The expected net salvage value of the system is estimated at $2,000. If the company's interest rate is 12%, what would be the discounted payback period for this project?

Reference no: EM131956173

Questions Cloud

Compute the power developed by the student : Using a force of 28.0 Newton, a student pulls a 70.0 Newton weight along the tabletop for a distance of 15.0 meters in 3.0 seconds.

Write the service script for bakery clerks : Which historical management technique best describes scripted service speech and scripted employee behavior? Explain your choice.

General Psychology paper - The Milgram Study : General Psychology Mini paper Writing Assignment - To complete this assignment, you will select a total of three (3) topics overall - The Milgram Study

Discuss the situation and come to a decision for the outcome : Which historical management theory gives the best justification for implementing peer review systems? Which theory would not support peer reviews?

What would be the discounted payback period for project : A clothing retailer plans to automate its payroll processing by using a scanner that identifies which clerks sold which items.

Put the attached design on the clothing flats : You need to put the attached design on the clothing flats - The dress should have the design cover everything except he straps which should be black

What are the total fixed costs for the new battery : Clean Energy Resources Inc., a new division of a major battery manufacturing company, recently patented a new battery that uses zinc-air technology.

Identify a place where you can unobtrusively observe : Can you tell who is in charge here? If so, how do the other workers respond to this person's directions?

How does your article relate to the management theories : Write a one-paragraph summary of the key points in your article. List the terms or concepts critical to understanding the article.

User Account

All Pages