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Accounting
Which of the following financial statement ratios is not useful in analyzing an NPO? * O Receivables turnover O Rate of return on investment O Current ratio O Debt-to-asset ratio O Quick ratio Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $100,000. The benefit will be an Ladditional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. The payback is * 0 1 year O 2 years 3 years 4 years O 5 years In order to prepare budgets, it is desirable to understand Minden Co. is considering buying new computer software that will assist customers in their product choices. The cost is $100,000. The benefit will be an additional cash inflow of $25,000 for four years, at which point the software will need replacing with a more modern version. The payback is 1 year O 2 years O 3 years O 4 years O 5 years
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