Business, 01.04.2021 19:10, karenjjensen

A small accounting firm is considering the purchase of a computer software package that would greatly reduce the amount of time needed to prepare tax forms. The software costs $2050 and this expense will be incurred immediately. The firm estimates that it will save $550 of cash flow at the end of each year beginning in one year for 8 consecutive years, and also save $1513 in year 9. What is the payback on the computer package

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A small accounting firm is considering the purchase of a computer software package that would greatl...