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:

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The Answer of 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:

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