Given the following information what is the initial cash


Given the following information, what is the initial cash flow? Purchase and install new equipment $9,000 Sale price of old equipment $8,000 Book value of old equipment $6,000 At time of installation: Inventory increase $3,000 Accounts Payable increase $2,000 The tax rate is 40%

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Financial Management: Given the following information what is the initial cash
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