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Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $8...

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Accounting

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Talbot Industries is considering launching a new product. The new manufacturing equipment will cost $8 million, and production and sales will require an intial $3 mitlon investme In net operating working capital. The company's tax rate is 25%. Enter your answers as positive values. Enter your answers in millons. For example, an answer of $10,550,000 should be entered as 10.55. Round your answers to two decimal places. a. What is the initial investment outiay? 5 million b. The company spent and expensed $150,000 on research reiated to the new product last year: What is the initial investment outlay? 5 million c. Pather than build a new manufocturing faclity, the company plans to install the equipment in a bullding it owns but is not now using. The buliding could be sold for $1.6 milion after taxes and real estate commisions. What is the initial ifvestment outlay

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