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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: Year
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: Year Investment $61,000 $ 5,000 1 2 3 4 5 6 7 8 9 10 Cash Inflow $ 3,000 $ 6,000 $12,000 $13,000 $16,000 $10,000 $ 8,000 $10,000 $ 9,000 $ 9,000 Required: 1. Determine the payback period of the investment. (Round your answer to the next whole number.) Payback period year(s) EX This is a numeric cell, so please enter numbers only. Would the payback period be affected if the cash inflow in the last year was several 2. times as large? Yes No
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