Investment outlaytalbot industries is considering launching, Ask an Expert

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Investment Outlay

Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $17 million, and production and sales will require an initial $5 million investment in net operating working capital. The company's tax rate is 40%.

What is the initial investment outlay? Write out your answer completely. For example, 2 million should be entered as 2,000,000.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92083120

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