Post a New Question

Healthcare Statistic

posted by .

In deciding whether to purchase or lease a new dictation system, the HIM supervisor calculates the payback period. The hospital's required payback period is three years. If the equipment costs $ 28,000 and generates $3,500 per year in savings, what would be the payback period for this equipment? Should the department purchase this equipment?

  • Healthcare Statistic -

    See related questions below.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question