Question: Margarite's Enterprises is considering a new project. The project will require a purchase of $250,000 fixed assets Shipping and installation charges are estimated to be
Margarite's Enterprises is considering a new project. The project will require a purchase of $250,000 fixed assets Shipping and installation charges are estimated to be $9,000. There is a $11,000 combined increase in inventories and account receivables, partly financed by $5,000 increase in account payables. Calculate the initial investment cost. a. $275,000 b. $265,000 C. $256,000 d. $247,000
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