The initial after-tax outlay for the new printing machine

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Due to expected increases in sales, the Target Copy Company is contemplating purchasing a new printing machine costing $ 493 . To accomodate the new sales, the company will need to purchase additional inventory of $ 34 , part of which will be financed by an increase in accounts payable of $ 10 . Target's corporate tax rate is 32 percent. What is the initial after-tax outlay for the new printing machine? Since this is a cash outlay, be sure to use the - sign when writing your answer. Do not use the $ symbol.

Reference no: EM131873420

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