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Thomas Keller, chef at Per Se in New York City, is considering adding poutine to the menu at his French restaurant, To make poutine, Keller

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Thomas Keller, chef at Per Se in New York City, is considering adding poutine to the menu at his French restaurant, To make poutine, Keller will have to purchase a new deep fat fryer for $3,000. Installation costs for the fryer are expected to be $2,000. To make poutine, Keller will have to carry additional inventory of potatoes, cheese curds, and chicken stock. The additional food inventory is expected to cost $1,000. If Mr Kellerroes ahead with the poutine project, what are the initial cash flows? (Round your answer to the nearest dollar) The initial purchase price of a new stamp press is $5,000. The firm will spend $5,000 on shipping and installation. As a result of the purchase, inventory must increase $1,300. What is the net initial cash flow? -$5,000 -$7,000 -$6,000 O-$12,300

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