(Solution) - The following are system benefits for Interglobal Paper Company -(2025 Original AI-Free Solution)

Paper Details

The following are system benefits for Interglobal Paper Company (from Problem 10):
Year Benefits
1 ........... $55,000
2 ........... 75,000
3 ........... 80,000
4 ........... 85,000
a. Use the costs of Interglobal Paper?s proposed system from Problem 10 to determine the payback period (use the payback method).
b. Graph the benefits versus the costs and indicate the payback period.