User Account

All Pages

Payroll administration to an outside company

Assignment Help Business Management
Reference no: EM131105207

Your company currently has a payroll department, but it is considering outsourcing the payroll administration to an outside company. Last month you paid a consultation fee to the outside payroll company of $5,000. If you agree to hire their services, you will pay a service fee of $15,000 at the start of their service, and utilities and audit fees will be unaffected. During the 5 year contract, you save $75K per year in payroll department salaries. Office utilities cost $10K per year, and legal fees cost $5K per year. The yearly payroll fee is $65K per year for the 5 year contract. Calculate the IRR of this project. If the cost of capital for this project is 10%, should the company undertake the project?

Reference no: EM131105207

Questions Cloud

How the stellar packagings break-even point would change : Explain how the Stellar Packaging's break-even point would change if (1) the selling price per unit decreased, (2) fixed costs increased throughout the entire range of activity, and (3) variable costs per unit increased.
Consider the following inventory model : Consider the following inventory model, which is a single-period model with known density of demand   elsewhere.
Percentage decline in the value of assets : Suppose there are two companies, Company A and Company B. Company A has assets of $100M and Liabilities of $50M. Company B has assets of $30B and Liabilities of $25B. What percentage decline in the value of assets would be required for Company A t..
What is the resulting attenuation at 3.1 ghz : What is the resulting attenuation at 3.1 GHz? Use CAD to plot the insertion loss versus frequency.
Payroll administration to an outside company : Your company currently has a payroll department, but it is considering outsourcing the payroll administration to an outside company. Last month you paid a consultation fee to the outside payroll company of $5,000.
Uniform distribution on the interval : The campus bookstore must decide how many textbooks to order for a course that will be offered only once. The number of students who will take the course is a random variable D, whose distribution can be approximated by a (continuous) uniform dist..
Which group of people would kennewick man most likely : A 9,300-year-old skeleton known as Kennewick Man was the subject of a long legal battle involving the ownership of Native American remains. With which group of people would Kennewick Man most likely be associated?
What is the future value : What is the future value in 12 years of an ordinary annuity cash flow of $2333 every quarter of a year at the end of the period, at an annual interest rate of 14.48 percent per year, compounded quarterly?
Construct a horizontal - indexed analysis : Construct a Vertical/Common- Size Analysis for 2009 - Construct a Horizontal/Indexed Analysis

Reviews

Write a Review

Business Management Questions & Answers

  Example on performance management

Show how effective is the performance management system and give me three ways in which it can become improved.

  Explain the role communication plays in perception

Explain the role communication plays in perception and organizational culture and how might misalignment between espoused values and enacted values affect perceptions within an organization?

  Rewarding employees for their job statusalmost every

rewarding employees for their job statusalmost every organization rewards people to some extent for their job status.

  Deliberate a perfectly competitive market

Deliberate a perfectly competitive market. Analyze as well as explain in detail using graphical tools to show what you expect to happen to the number of firms as well as firm profitability in the short run and long run

  Relevant info for decision makingfind a decision that has

relevant info for decision makingfind a decision that has recently been made or will be made in the near future in

  Computing future value of salary

Computing Future Value of Salary. Throughout a job interview Pam Thompson is obtainable a salary of 23,000. The company gives annual increases of 6 percent.

  Advantages and disadvantages to the geographical region

Which American professional league would you like to expand globally - Which part of the world would you expand to and why?

  Determine structure and implement an incident response plan

Imagine you work for a medium-sized business in the information security department and suppose you've determined the need to structure and implement an incident response plan and team.

  Why information systems are so important for business

1. List and describe four reasons why information systems are so important for business today?

  Organization behavior organizational theoryimagine that you

organization behavior organizational theoryimagine that you have been asked to develop a contemporary organizational

  Explain in specific terms the use and value of rule-writing

explain in specific terms the use and value of rule-writing in a snort-centered idsips security strategy for government

  Describe the overall transportation objectives of company

Describe the overall transportation objectives of the company and Describe and evaluate the modes of transportation that they use to move products from factory to customers

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd