A Company Is Considering the Purchase of a New Piece

question 59

Multiple Choice

A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investment are $36,000 (year 1) , $30,000 (year 2) , $18,000 (year 3) , $12,000 (year 4) and $6,000 (year 5) . The payback period is:

• A) 4.50 years.
• B) 4.25 years.
• C) 3.50 years.
• D) 3.00 years.
• E) 2.50 years.

Understand the impact of commercialization on leisure activities.

Distinguish between the concepts of leisure and recreation.

Recognize how technological advancements and societal changes influence recreational activities and leisure time.

Identify the implications of increasing privatization and commercialization of leisure.

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Definitions:

Reestablish Control

The act of regaining authority or command over a situation, group, or territory after having lost it.

Back France

Support or endorse France, potentially in a political, economic, or cultural context.

Ngo Dinh Diem

The first President of South Vietnam, serving from 1955 until his assassination in 1963, known for his autocratic leadership and policies against communists.

Guerrilla Fighter

A combatant who engages in irregular warfare tactics such as ambushes and sabotage, often against larger, regular forces.