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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: Cash
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: Cash Inflow Year Investment 1$66,000 $ 5,000 2 6,000 $10,000 3 4 5 6 $20,000 $17,000 $20,000 $18,000 $16,000 $14,000 $13,000 $13,000 9 10 Required: 1. Determine the payback period of the investment. (Round your answer to the next whole number.) Payback period year(s) Would the payback period be affected if the cash inflow in the last year was several times as large? 2. O Yes O No
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