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  • Annual savings and costs business report

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    Abd Talep
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    This document presents the costs and savings from an information system investment over 5 years. The initial costs total $25,500, including staff, data conversion, and systems costs. Annual savings from salaries, recruiting costs, and other items total $10,950 after accounting for ongoing data entry and maintenance expenses. The net present value of the investment is $21,907.77, with an internal rate of return of 32% and a payback period of 2.32 years.

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    This document presents the costs and savings from an information system investment over 5 years. The initial costs total $25,500, including staff, data conversion, and systems costs. Annual savings from salaries, recruiting costs, and other items total $10,950 after accounting for ongoing data entry and maintenance expenses. The net present value of the investment is $21,907.77, with an internal rate of return of 32% and a payback period of 2.32 years.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Annual savings and costs business report

    Uploaded by

    Abd Talep
    This document presents the costs and savings from an information system investment over 5 years. The initial costs total $25,500, including staff, data conversion, and systems costs. Annual savings from salaries, recruiting costs, and other items total $10,950 after accounting for ongoing data entry and maintenance expenses. The net present value of the investment is $21,907.77, with an internal rate of return of 32% and a payback period of 2.32 years.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 1

    Interest : 5%

    Initial cost $
    Business staff cost 5,000.00
    information system staff cost 15,000.00
    Initial data conversion costs 5,500.00
    Total Initial cost $ 25,500.00

    Annual Savings $
    Annual salaries 79,000.00
    Weekly salaries 1,519.23
    Hourly salaries 37.98
    Saving 4hour of salaries per week 75.96
    Annual saving for 52 week 3,950.00
    Add:Saving in recruit cost 11,000.00
    Total Savings 14,950.00
    Less: Annual data entry cost -1000.00
    Less:Maintance and support -3000.00
    Net Cash inflow Per Year $ 10,950.00

    bussiness Report
    Year Cash Inflow Present Value c cash inflow Payback period
    0 $ -25,500.00 $ -25,500.00 $ -25,500.00
    1 $ 10,950.00 $ 10,428.57 $ -14,550.00
    2 $ 10,950.00 $ 9,931.97 $ -3,600.00 2.32876712328767
    3 $ 10,950.00 $ 9,459.02 $ 7,350.00
    4 $ 10,950.00 $ 9,008.59 $ 18,300.00
    5 $ 10,950.00 $ 8,579.61 $ 29,250.00
    Net Present Value (NVP) $ 21,907.77
    Internal Rate Of Return (IRR) 32%
    Net Profit /Investment (ROI)
    Payback Period 2.328767123288

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