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The management of Deitrich Inc., a civil engineering design company is considering an investment in a high-quality blueprint printer with the following cash flows: Investment
The management of Deitrich Inc., a civil engineering design company is considering an investment in a high-quality blueprint printer with the following cash flows: Investment $54,000 $ 4,000 Year 1 2 3 4 5 6 7 8 9 10 Cash Inflow $ 4,000 $ 8,000 $ 16,000 $ 17,000 $20,000 $ 18,000 $ 16,000 $ 14,000 $ 13,000 $ 13,000 Required: 1. Determine the payback period of the investment. (Round your answer to the next whole number.) Payback period year(s) 2. Would the payback period be affected if the cash inflow in the last year was several times as large? O Yes O No
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