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ANSWERS MUST BE IN EXCEL FORMAT Clipboard Fant Styles A1 B D H 3 3 Parker & Stone, Inc., is looking at setting up a

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ANSWERS MUST BE IN EXCEL FORMAT
Clipboard Fant Styles A1 B D H 3 3 Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $3,5 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $3.9 milion. The company wants to build its new manufacturing plant on this land; the plant will cost $16.7 milion to build, and the site requires $850,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? 4 5 8 7 8 9 10 11 Purchase price Current value Cost to build Grading costs $ $ $ 3,500,000 3,900,000 16,700,000 850,000 nces 12 Complete the following analysis. Do not hard code values in your calculations Enter a "0" for any cost that should not be included. 13 15 16 17 Current value Cost to build Grading costs Total cost Sheet1 READY Attempt(s)

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