TBD Industries is considering an expansion. The company spent $35,000 on research related to this...
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TBD Industries is considering an expansion. The company spent $35,000 on research related to this project last year. The needed equipment would be purchased for $10,000,000 and an additional $800,000 would be needed for net operating working capital to support the expansion. What is the initial investment outlay for this project?
$800,000
$10,000,000
$10,800,000
$10,835,000
$12,300,000
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