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      Question

      Based on the following information- calculate the

      initial investment in the project. Cost of machine = Rs. 54,00,000 Installation charges = Rs. 12,000 Sunk cost = Rs. 23,000 Working capital investment required at start= Rs. 1,00,000 Revenue from products at end of year 1 = Rs. 2,40,000 Tax rate = 12%
      A 54,12,000 Correct Answer Incorrect Answer
      B 54,00,000 Correct Answer Incorrect Answer
      C 55,12,000 Correct Answer Incorrect Answer
      D 54,23,000 Correct Answer Incorrect Answer
      E 54,35,000 Correct Answer Incorrect Answer

      Solution

      Initial investment = Cost of machine + installation charges + working capital Initial investment = 55,12,000

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