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Business, 14.11.2021 20:30 kamilahmcneil3969

Off Industries is considering an expansion. The necessary equipment would be purchased for 3 million dollars. The shipment charges for the equipment is estimated to be $100,000. The firm needs an additional 1 million dollars in working capital, of which $100,000 will be financed with Accounts Payable. The firm spent 50,000 dollars on research related to the project, last year. What is the initial investment outlay

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