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QUESTION
Homework #7D (Project Initial Outlay and Operating cash flow)
Homework #7D (Project Initial Outlay and Operating cash flow)
Question 1 (1 point)
Leaf It To Us Corporation is considering an expansion project. The necessary equipment could be purchased for $21,924,600 and shipping and installation costs are another $17,077. The project will also require an initial $249,297 investment in net working capital. What is the project’s initial investment outlay?
Round the answer to the whole $.
Your Answer: