问题如下：
Company M is purchasing a new equipment of $180,000, which will be depreciated straight-line to zero over four years. The installation fee is $20,000. An inventory investment of $55,000 is required during the life of the investment. The tax rate is 25%. What’s the net investment outlay of company M?
选项：
A.$200,000
B.$235,000
C.$255,000
解释：
C is correct.
考点：Cash Flow Projections: Expansion Project
解析：根据公式可得 Outlay=FCInv + NWCInv
= (180,000 + 20,000) + 55,000 = $255,000
net investment outlay 只是指初始投资么？ 不是NPV的意思么？ net 投资和回报
