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CAPITAL INVESTMENT
Ursus, Inc., is considering a project that would have a ten-year life and would require a
N1,000,000 investment in equipment. At the end of five years, the project would terminate and
the equipment would have a salvage value of N20,000.
How do I determine working capital and working released from these question?Thank you.
I have already answered and told you that this cannot be asked in Paper PM. It relates to Paper FM (and it is impossible to calculate working capital from the information you have typed – you would be told about working capital if it was relevant).
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