What is the time cash flow

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Geo-Express is considering purchasing a used truck for its delivery business in order to serve a new geographical area. The truck costs $7,834 and will be straight line depreciated over 5 years. As background info on whether or not to go ahead, Geo-Express already paid $23 for a CARFAX report to ensure the truck had not been in any accidents. The new truck will require $511 of additional inventory and $394 of accounts payable. Geo-Express has a tax rate of 37%.

What is the Time 0 (initial) cash flow?

Reference no: EM133002026

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