1- Use LCM approach to choose the best option to modify a new software system in a company, use the following data:

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter6: Investing And Financing Activities
Section: Chapter Questions
Problem 1.4C
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1- Use LCM approach to choose the best option to modify a new
software system in a company, use the following data:
option A
option B
First cost, $
-10,000
-20,000
Annual lease
-3,700
-4,500
cost, $
Deposit
return, $
2,000
1,500
Lease term,
9.
years
Transcribed Image Text:1- Use LCM approach to choose the best option to modify a new software system in a company, use the following data: option A option B First cost, $ -10,000 -20,000 Annual lease -3,700 -4,500 cost, $ Deposit return, $ 2,000 1,500 Lease term, 9. years
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