Truman industries
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Required investment- Truman industries is considering an expansion. The necessary equipment would be purchased for $9 million, and it would also require an additional $3 million investment in working capital. The tax rate is 40 percent. What is the initial investment outlay? The company plans to use a building it owns but is not now using to house the project. The building could be sold for $1 million after taxes and real estate commissions. How would that affect your answer?
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Required investment- Truman industries is considering an expansion. The necessary equipment would be purchased for $9 million, and it would also require an additional $3 million investment in ...
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