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What is the project's initial investment outlay based on the following information: The machinery could be...

What is the project's initial investment outlay based on the following information: The machinery could be purchased for $48,588. Shipping and installation costs would cost another $16,509. The project would require an initial investment in net working capital of $21,763.

Do not enter $ or comma in the answer answer. Enter your final answer of initial outlay as an absolute number (that means, enter it as a positive number).

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Answer #1

The total project's initial investment outlay can be obtained by adding the purchase cost, installation cost and initial investment in net working capital all together.

The initial investment outlay will be $48,588 + $16,509 + $21,763 = $86,860.

Initial outlay is 86860.

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