Johnson Industries is considering an expansion project. What is the project's initial investment outlay?
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Johnson Industries is considering an expansion project. The necessary equipment could be purchased for $9 million, and the project would also require an initial $3milion investment in net operation working capital. The company's tax rate is 40 percent. What is the project's initial investment outlay?
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This solution provides the simple calculation for the project's initial investment outlay.
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