[economist95]

I think so.But according to Kaplan F9,initial capital cost:

The initial capital cost could comprise any or all of the following:
• cost of new assets bought
• net book value (NBV) of existing assets to be used in the project
• investment in working capital
• capitalised R&D expenditure (NB ensure this is amortised against profit)

Here i am a bit confused about it.

[economist95]

Thanks for answer!

[Author]

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