You have just completed a $24000.0 feasibility study for a new coffee shop in some retail space
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Question:
You have just completed a $24000.0 feasibility study for a new coffee shop in some retail space you own.You bought the space two years ago for $96,000, and if you sold it today, you would receive $112,000, after taxes.Taking the coffee shop would require a capital expenditure of $33,000 plus an initial investment of $5,400 in inventory.What is the correct initial cash flow for your analysis of the coffee shop opportunity?
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