TLDR Industries is considering an expansion. The company spent $22,000 on research related to this...
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TLDR Industries is considering an expansion. The company spent $22,000 on research related to this project last year. The needed equipment would be purchased for $5,000,000 and an additional $150,000 would be needed for net operating working capital to support the expansion. Suppose TLDR also needs a building to house the equipment. The company already owns a building that it could use but it could also sell that building and net $250,000 after taxes and commissions. What is the initial investment outlay for this project under these circumstances? ?
$5,000,000
$5,150,000
$5,172,000
$5,400,000
$5,422,000
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