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Minden Co. is considering buying new computer software that will assist customers in their product...

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Accounting

Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $50,000. The benefit will be an additional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. The return on initial investment is _______________.
Question 23 options:
25.0%
15.0%
none of the options
12.5%
10.0%

Answer & Explanation Solved by verified expert
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