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Twitz Corp. is looking at setting up a new manufacturing plant in Kennesaw, GA . Twitz had bought a piece of land 4 years ago
Twitz Corp. is looking at setting up a new manufacturing plant in Kennesaw, GA Twitz had bought a piece of land years ago for $ million thinking to use it as for expansion of its warehouse, but Twitz decided to lease a building nearby for those purposes. Today, the value of the land net of taxes is estimated at $ million. Twitz now wants to build a new manufacturing plant for a new project called AAAT on this land; the plant will cost $ million to build, and the site requires $ million worth of improvements before it is suitable for construction. Launching the project will require an investment in working capital today in the amount of $ million. In addition, new equipment in the amount of $ million is needed for the project. The tax rate is
What is the initial investment outlay IO for the NPV evaluation of this project? Enter your answer in millions rounding to two decimals and use a negative when IO is a cash outflow. For example, if you obtained a cash outflow of $ then enter ; for a cash flow of $ then enter
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