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A firm is considering purchasing a new asset. Use the information in the chart below to find the net cash outlay for this asset.
A firm is considering purchasing a new asset. Use the information in the chart below to find the net cash outlay for this asset. 0 Installation Costs Cost of New Asset Old Asset 125,000 0 Book Value 0 Proceeds on Sale 32,000 Initial Purchase Price 100,000 Decrease in Working Capital 7,000
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