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IBM Corporation is considering investing in a new data analytics platform to enhance its business intelligence capabilities. The initial investment for the platform is $50
- IBM Corporation is considering investing in a new data analytics platform to enhance its business intelligence capabilities. The initial investment for the platform is $50 million, and the platform is expected to generate annual cash flows of $15 million for the next five years. Calculate the payback period for the investment in the data analytics platform, and discuss the significance of the payback period in evaluating the platform's return on investment (ROI) and overall financial feasibility.
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
