Mock Exam PM Qn 30 ..............Help!

Is the initial capital outlay not supposed to be 50 000(fixed 30 000 plus Increase in net Working capital 0f 20 000), CFAI applies the 50% debt ratio on the 30 000 for fixed capital outlay only? I thought you would apply the debt ratio on the total investment outlay of 50 000, where ami i missing the plot?

errata. cpk confirmed with cfai. see my previous post asking the same question:P

there is a typo for that if you refer to the errata. this has also been discussed a numebr of times

this has been discussed about 20times. you should be banned for not using the search function.