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Question 22 A company is considering purchasing an equipment for $116,912. Shipping and installation costs would cost another $11,683. The project would require an initial

Question 22

A company is considering purchasing an equipment for $116,912. Shipping and installation costs would cost another $11,683. The project would require an initial investment in net working capital of $20,943 which would be recouped at the end of the project. What is the project's initial outlay?

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