Hello, Could you please provide me with the FORMULAS used to
solve problem 20.5 (chapter 20/Accounting Information Systems). The
solution you have is the correct solution, but I need the formulas
used.
The Question: Rossco is considering the purchase of a new
computer with the following estimated costs: initial system
design:$54,000, hardware:$74,000,software:$35,000,one-time initial
training:$11,000, system installation:$20,000 and file
conversion:$12,000. A net reduction of 3 employees is expected with
average yearly salary of $40,000.The system will decrease average
yearly inventory by...