Business, 20.11.2019 02:31 elyzeraganitowlkn9

Talbot industries is considering launching a new product. the new manufacturing equipment will cost $10 million, and production and sales will require an initial $4 million investment in net operating working capital. the company's tax rate is 40%. what is the initial investment outlay? enter your answer as a positive value. enter your answer in dollars. for example, an answer of $1.2 million should be entered as $1,200,000. round your answer to the nearest dollar.

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