Franklin corporation is considering an expansion project. the necessary equipment could be purchased for $15 million and shipping and installation costs are another $500,000. the project will also require an initial $2 million investment in net operating working capital. if the company's tax rate is 40%, what is the project's initial investment outlay (in millions)?

$17.5 million.

Explanation:

to get the initial investment outlay, add up all the initial expenses. the 40% tax is not considered since only outputs or revenues are taxed.

initial investment outlay = 15 million + 0.5 million + 2 million

                                        = 17.5 million dollars

the answer is

a) revise existing treaties

b) do away with political alliances

c) prevent the spread of communism

d) bring an end to european colonization

the main goal of the southeast asia treaty organization was to prevent the spread of communism in southeast asia.