Health Care Budgeting
ABC hospital needs a new billing system. The hospital is considering two software options: software A and software B. Software A costs $15,000 and will reduce operating cost by $5,000 per year; software B costs only $12,000 but will also reduce operating costs by $5,000 per year.
Calculate payback period. Which software should be purchased according to payback method?
Need you to start on line 4 and provide all answers in microsoft excel show all work…..