ABC, Inc is considering the purchase of a new equipment. The equipment costs $46,604 and an additional $1,207 is needed to install it. The project will also require an initial $5,185 investment in net working capital. The equipment will be depreciated straight-line to zero over a five-year life. What is the project’s initial investment outlay?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
ABC, Inc is considering the purchase of a new equipment. The equipment costs $46,604 and an additional $1,207 is needed to install it. The project will also require an initial $5,185 investment in net working capital. The equipment will be depreciated straight-line to zero over a five-year life. What is the project’s initial investment outlay?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
ABC, Inc is considering the purchase of a new equipment. The equipment costs $46,604 and an additional $1,207 is needed to install it. The project will also require an initial $5,185 investment in net working capital. The equipment will be depreciated straight-line to zero over a five-year life. What is the project’s initial investment outlay?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
ABC, Inc is considering the purchase of a new equipment. The equipment costs $46,604 and an additional $1,207 is needed to install it. The project will also require an initial $5,185 investment in net working capital. The equipment will be depreciated straight-line to zero over a five-year life. What is the project’s initial investment outlay?Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.
