The initial purchase price of a new stamp press is $6,000. The firm will spend $5,000 on

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The initial purchase price of a new stamp press is $6,000. The firm will spend $5,000 on shipping and installation. Training of new employees will cost $2,000. As a result of the purchase, inventory must increase $1,300. What is the net initial cash flow? Round your answer to a whole number. Sign your cash flows negative for outflows and positive for inflows.

Posted Date: Sep 26, 2021 08:00 PM

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The initial purchase price of a new stamp press is $6,000. The firm will spend $5,000 on

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Shipping and installation 5000 Training cost 2000 In... View the full answer

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