The owner of a comer lot wants to find a use that will yield a desirable return
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The owner of a comer lot wants to find a use that will yield a desirable return on his investment. After much study and calculation, the owner decides that the two best alternatives are:
If the owner wants a minimum attractive rate of return on his investment of 6%, which of the two alternatives would you recommend?
Transcribed Image Text:
Build Soft Ice Cream Build Gas Station Stand $120,000 First cost $80,000 Annual property taxes 3,000 5,000 11,000 Annual income 16,000 Life of building, in years 20 20 Salvage value
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Year A Gas Station B Ice Cream Stand B A 0 80000 1200...View the full answer
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Sultan Ghulam Dastgir
The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project,
Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology,
Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology,
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