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borteleto borteleto
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5 years ago
AFB, Inc. requires an investment in equipment of $600,000 to replace existing equipment. The existing equipment will produce after-tax salvage value of $70,000. Net working capital requirements are increased by $50,000. What is the total cash outflow at time zero?
A) $720,000
B) $650,000
C) $530,000
D) $580,000
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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5 years ago
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borteleto Author
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5 years ago
Brilliant
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