1.What is the initial cost of the new system plus setup costs, year zero not one year later

2.What is the annual depreciation in dollars for the new system, using straight line depreciation

3.What is the new operating expense per year

4.What is the Pretax Income after subtracting the yearly operating expenses and yearly depreciation from the sum of the expense reductions or benefits gained

5.What is 30% of the Pretax Income

6.What is the Net Income after subtracting the 30% taxes from the Pretax Income

7.Adding back the annual depreciation what is the Annual Cash Flow

8.What is the WACC

9.What is the Required Rate of Return, assume the WACC is the Required Return

10.What is the NPV

11.What is the IRR

12.What is the project breakeven in years

13.Would you approve or decline the HRIS project from as financial perspective and why?

14.Document cell calculations when a cell number is calculated