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Business, 21.12.2019 01:31 anna4060

Acompany is looking to purchase and replace a fixed asset for $235,000. it will sell the asset that will be replaced for $47,000 but will incur a $15,000 gain upon that sale. it must also commit $30,000 of working-capital to the investment. the firm's tax rate is 35%. what is the amount of the relevant initial investment?

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