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Business, 09.07.2019 03:20 erica11223344

Abc company is considering whether a project requiring the purchase of new equipment worth investing. the firm spent $20,000 three months ago to conduct market study. the cost of a new machine is $160,000, and the firm has to spend additional $10,000 to get it shipped and installed. this project will increase annual revenues by $225,000 and annual costs by $45,000. if the firm undertakes this project, $50,000 in net working capital investment is required. what is the initial outlay of this project? round to the nearest penny. do not include a dollar sign in your answer. type the absolute value of the answer. (i. e. if your answer is -$20,000 since it is cost to replace, type 2 as your answer.)

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