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A company is considering an investment in an aldehyde facility. The engineering department estimated the battery-limits fixed capital investment to be $19MM. The land allocated for the project is $500,000, and start-up expenses to be capitalized are expected to be $900,000. The company typically uses 15% of the total capital investment for working capital. Determine the estimated total capital investment and working capital for this project.

A company is considering an investment in an aldehyde facility. The engineering department estimated the battery-limits fixed capital investment to be $19MM. The land allocated for the project is $500,000, and start-up expenses to be capitalized are expected to be $900,000. The company typically uses 15% of the total capital investment for working capital. Determine the estimated total capital investment and working capital for this project.

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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B- A company is considering an investment in an aldehyde facility. The engineering department estimated the battery-limits fixed capital investment to be $19MM. The land allocated for the project is $500,000, and start-up expenses to be capitalized are expected to be $900,000. The company typically uses 15% of the total capital investment for working capital. Determine the estimated total capital investment and working capital for this project.
Transcribed Image Text:B- A company is considering an investment in an aldehyde facility. The engineering department estimated the battery-limits fixed capital investment to be $19MM. The land allocated for the project is $500,000, and start-up expenses to be capitalized are expected to be $900,000. The company typically uses 15% of the total capital investment for working capital. Determine the estimated total capital investment and working capital for this project.
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