Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question = calculate the payback period. alberto

Question = Calculate the payback period. Alberto's Pizzeria is considering purchasing six (6)...

60.1K

Verified Solution

Question

Accounting

image

Question = Calculate the payback period.

Alberto's Pizzeria is considering purchasing six (6) instore terminals that would allow customers to order their pizza digitally rather than queuing to order at the counter. The Manager is excited by this idea as it means lower wait times for customers and a reduction in wages paid. By installing this computer, they would be able to make one of their casual front of house staff redundant. The details of the computer are as follows: Cost of acquiring the digital ordering $120,000 systems Annual insurance costs for the $1,500 terminals Annual software subscription for the $1,000 terminals Fixed price maintenance contract for $2,500 the terminals Annual front of house wages for one $17,000 employee Expected useful life of the terminal 9 years Expected residual value at the end of $20,000 the terminal's life Discount rate 10% Term of loan to finance terminals 6 years

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The two triangles are similar Create and solve proportions two of them to find the...

Geometry
Q

Yellow Enterprises reported the following ($ in thousands) as ofDecember 31, 2021. All accounts...

Accounting
Q

need to know a,b,c and d A. fully discuss the three basic circulations of the heart...

Medical Sciences
Q

Precision Machining Technology (2nd Edition) Chapter 8SU8, Problem 6RQ Why should a toolpath be verified on the...

Mechanical Engineering
Q

1) What permutation group is pentagon D5 a subgroup of ?why? 2) What is a generating...

Advance Math
Q

How many background styles are found under the Background Styles option O 10 O 11...

Biology
Q

The circumference of a circular garden is 69.08 feet. What is the radius of the...

Geometry
Q

Write the equation of the line with slope 1/7 and y-intercept 6.The equation of the...

Basic Math
Q

14-19 (Static) Convertible bonds; induced conversion; bonds with detachable warrants; disclosure note [LO14-5] Bradley-Links December...

Accounting
Q

Which of the following is a periodcost? A. ...

Accounting
Q

A wedding party has approached Imperial Jewelers about buying 12 gold bracelets for the discounted...

Accounting
Q

TRUE OR FALSE The statement of retained earnings informs users about how much of the...

Accounting