Question: Consider a firm that has recently started a project with an initial increase in Net working capital of $13,165. The firm purchased an equipment for

Consider a firm that has recently started a project with an initial increase in Net working capital of $13,165. The firm purchased an equipment for the project for $287,534. The equipment is expected to last 6 years and have a salvage value of $41,708. Calculate the initial outlay of this project

Write your answer in dollars, for example $21,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

On December 31 of last year, Wolfson Corporation had in inventory 450 units of its product, which cost $22 per unit to produce. During January, the company produced 850 units at a cost of $25 per...

10 points Save Answe Consider a firm that has recently started a project with an initial increase in Networking capital of $13.725. The firm purchased an equipment for the project for $300.637. What...

Please see attached file for complete questions set. 1.W&B Corp. has current liabilities of $460,000, a quick ratio of .83, inventory turnover of 5.9, and a current ratio of 1.5. What is the cost of...

ABC LTD BALANCE SHEETS AS AT 31 DECEMBER ($000) 2015 2016 2017 2018 2015 2016 2017 2018 ASSETS Current Assets Cash Account Receivable Inventory Prepaid Expense Total Current Assets 515 106 212 22 855...

Raphael Restaurant is considering the purchase of a $9,300 souffl maker. The souffl maker has an economic life of four years and will be fully depreciated by the straight-line method. The machine...

Old MathJax webview T U ASSIGNMENT 1: CAPITAL BUDGETING ABC LTD BALANCE SHEETS AS AT 31 DECEMBER ($000) 2015 2016 2017 2018 2015 2016 2017 2018 ASSETS Current Assets Cash Account Receivable Inventory...

1. You expect to receive the following payments: end of year 1 $10,000 2 $10,000 3 $10,000 4 $10,000 You plan to invest these payments in stock funds. If your investments earn 9% per year, how much...

. You expect to receive the following payments: end of year 1 $10,000 2 $10,000 3 $10,000 4 $10,000 You plan to invest these payments in stock funds. If your investments earn 10% per year, how much...

When you purchased your house, you took out a 30-year annual-payment mortgage with an interest rate of 6% per year. The annual payment on the mortgage is $12,000. You have just made a payment and...

Please help with the following 7 questions. I was able to find the answers for these on the site but these were incorrect. 1.Haroldson Inc. common stock is selling for $22 per share. The last...

ng at setting up a ten The company bought using it as a warchou bese facilities from net S4.1 will is land: the plant will rth of grading before unt to use as the initial 20.000 motor homes PROBLEMS...

Find the standard normal area for each of the following. Sketch the normal curve and shade in the area represented below. a. P (Z 1.28) c. P (1.96

A spherical air bubble originating from a scuba diver at a depth of 18.0 m has a diameter of 1.0 cm. What will the bubble's diameter be when it reaches the surface?

Let g ( x ) = x 2 - 9 x - 3 . Fill out the table and guess the limit lim x 3 g ( x ) if it exits. \ table [ [ x , , , , dots,,dots,,, ] , [ g ( x ) , , , , dots,,dots,,, ] ] I need help on the graph....

In the United States, 2007 was a bad year for growing wheat. And as wheat supply decreased, the price of wheat rose dramatically, leading to a lower quantity demanded (a movement along the demand...

Virginia has a casualty gain of $5,000 and a casualty loss of $2,500, before reduction by the $100 floor. The gain and loss were the result of two separate casualties, and both properties were...

1. A convenience store chain attempts to be responsive and provide customers what they need, when they need it, where they need it. What are some different ways that a convenience store supply chain...

A researcher observes the behavior of a group of monkeys in the jungle. He deter-mines each monkeys relative position in the dominance hierarchy of the group (1being most dominant) and also notes...

Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows: Required: 1. Determine the carrying value of...

Can you tell me more about how exploiting and assimilating management knowledge helps improve management systems in small scale projects?

=+3. What are the core assets and core competencies that book publishers must have in order to secure long-term success? Put the value chain of book publishers into order!

=+3. Which various elements of the range of services are used in the movie industry?

=+How are the first copy costs and distribution costs comprised?