Solution-What is the project''s initial investment outlay

What is the project''s initial investment outlay

Reference no: EM131101185

Johnson Industries is considering an expansion project. The necessary equipment could be purchased for $9 million, and the project would also require an initial $3 million investment in net operating working capital. The company's tax rate is 40 percent. What is the project's initial investment outlay?

Reference no: EM131101185

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What is the project''s initial investment outlay

Reference no: EM131101185

Reference no: EM131101185

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