The new sales manager at the Coral House wishes to upgrade t

The new sales manager at the Coral House wishes to upgrade to a new event management system to better manage and target corporate sales as well as weddings. Restaurant Software, Inc. (RSI) submitted a proposal costing $101,000 and Cuisine Inc’s proposal cost 100,000. Both companies have spent time with management and their accountants and have proposed the following cost benefits derived from the new system. The catering team believes the upgrade in software will yield more sales due t please answer it on excel or fiancee calculator

Solution

Indiffernce Point (Rate of Return)ie. indifferent as to which vendor to chose