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A small surveying company has decided they would like to move their accounting in-house and will be training a new employee. In anticipation of this

A small surveying company has decided they would like to move their accounting in-house and will be training a new employee. In anticipation of this new development, they have decided to purchase a new accounting software package that should service all of their needs. Bob, a manager, has put together the following information: O $496.73 O $600.73 $489.24 Software 1 Cost Residual Income Required Rate of Return If the company selects Software 2, then how much Operating Income should they expect it to generate? $104.00 $6,233 Software 2 $88 7.20% $6,899 $104 7.20%
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A small surveying company has decided they would like to move their accounting in-house and will be training a new employee. In anticipation of this new development, they have decided to purchase a new accounting software package that should service all of their needs. Bob, a manager, has put together the following information: If the company selects Software 2, then how much Operating Income should they expect it to generate? $496.73 $600.73 $489.24 $104.00

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