Cost/benefit analysis of leasing versus purchasing computers
By: Alan J. Arceneaux
Contributors: Naval Postgraduate School (U.S.) 
Publisher: Naval Postgraduate School; Available from National Technical Information Service
Published: 1997
Place of publication: Monterey, Calif; Springfield, Va
Language: eng
Number of pages: 70
Description: The purpose of this Thesis was to present a cost/benefit analysis of leasing versus purchasing computers. This      analysis was performed to provide a decision making model for the acquisition of computer assets. It is      additionally intended to serve as a framework to compare the costs and benefits of leasing over purchasing. To      address this issue, a capital budgeting model was developed and net present value analysis performed. In      constructing this model, several factors were considered, including: The purchase cost of computer equipment,      annual lease payments, depreciation costs, the opportunity cost of purchasing, tax revenue implications and      various leasing terms. Data for this thesis was collected using historical records, literature reviews, and      interviews. This research found that it is more cost effective for the Naval Postgraduate School and other Naval      Shore based commands to purchase equipment rather than lease.
Notes: "December 1997."

Thesis advisor(s): Cynthia J. Levy, Gordon E. .Louvau.

Thesis (M.S. in Management) Naval Postgraduate School, December 1997.

Includes bibliographical references (p. 67-68)

Approved for public release; distribution unlimited.

Also available online.

Mode of access: World Wide Web.

System requirements: Adobe Acrobat reader.

US Marine Corps (USMC) author.

dk/dk cc:9116 05/08/98.