Giraldi Company Has Identified That the Cost of a New

question 50

Multiple Choice

Giraldi Company has identified that the cost of a new computer will be $60,000, but with the use of the new computer, net income will increase by $5,000 a year. If depreciation expense is $3,000 a year, the cash payback period is:

• A) 30 years.
• B) 20 years.
• C) 12 years.
• D) 7.5 years.

---

Definitions:

Immigration and Nationality Act

A key piece of American legislation, enacted in 1952, that governs immigration and citizenship in the United States.

Vietnamese Youth

Young individuals of Vietnamese origin or descent.

American Indians

Refers to the indigenous peoples of the Americas, often specifically to those in the United States.

Urban Areas

Regions characterized by high population density and vast human features in contrast to areas dominated by natural landscapes; typically, cities and towns.