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Thomas Kellier, chef at Per Se in New York City, is considering adding poutine to the menu at his French restaurant. To make poutine, Keller
Thomas Kellier, 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 $3,060. Installation costs for the fryer are expected to be $1,940. 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 $1,050. If Mr. Keller goes ahead with the poutine project, what is the initial cash flow? Calculate the initial cash flow below. (Round to the nearest dollar) Year o - Initial purchase price of the new asset Installationshipping cost of the new asset Net purchase price - Change in net working capital Initial cash flow Enter any number in the ed fields and then continue to the next
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