Gardall Ltd, a Printing Business, Intends Purchasing a New Computerised

question 59

Multiple Choice

Gardall Ltd, a printing business, intends purchasing a new computerised printing machine for $900,000. The annual cash flows from the new machine are expected to be $150,000 per year. The machine has an eight-year useful life. The payback period is:

• A)8 years.
• B)5.33 years.
• C)5 years.
• D)6 years.

---

Definitions:

Free Labor Principles

Ideals that oppose slavery and other forms of coerced labor, emphasizing the right of individuals to enter, negotiate, and operate within a labor market freely.

Radical Reconstruction

The period after the Civil War during which Northern leaders attempted to rebuild and transform the Southern states government and society, including granting civil rights to freed slaves.

Civil Rights Bill Veto

An instance of a president or governor rejecting proposed legislation designed to protect or enhance rights for marginalized groups.

Andrew Johnson

The 17th President of the United States, who served from 1865 to 1869, succeeding Abraham Lincoln after his assassination.