Business, 14.04.2020 18:29 rubieceleste548
Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $15 million, and production and sales will require an initial $4 million investment in net operating working capital. The company's tax rate is 35%
What is the initial investment outlay? Write out your answer completely. For example, 2 million should be entered as 2,000,000.
$
The company spent and expensed $150,000 on research related to the project last year. Would this change your answer?
Yes or No
Answers: 1
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