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Homework answers / question archive / Bowlon Food Supplies Corporation is considering an expansion to a new market

Bowlon Food Supplies Corporation is considering an expansion to a new market

Finance

Bowlon Food Supplies Corporation is considering an expansion to a new market. The expansion will cost $400,000 for new assets, another $25,000 for shipping and delivery costs, and another $70,000 for installation costs. In addition, $150,000 in net working capital will be needed immediately. Compute the net investment (NINV) for Bowlon. $495.000 O $680,000 $645,000 $550.000

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Given,

Cost of new assets = $400000

Shipping and delivery cost = $25000

Installation cost = $70000

Net working capital = $150000

Solution :-

Net investment (NINV)

= Cost of new assets + Shipping and delivery cost + Installation cost + Net working capital

= $400000 + $25000 + $70000 + $150000

= $645000

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