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both questions please and thanks! Question 29 9.04 pts You and two of your friends started a wholesale distribution business to distribute hardware and lawn

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both questions please and thanks!
Question 29 9.04 pts You and two of your friends started a wholesale distribution business to distribute hardware and lawn and garden tools. Two years ago, your business paid $120,500 for 4 acres of land for a potential new distribution center to be built in Moore, OK. Today, the market value of this land is $335,000. Your company has just analyzed a proposal to develop a new distribution center, and has determined that it will not be feasible to go forward with the proposed project. Therefore, your company will sell the land for $335,000 as planned because the proposed new distribution was determined to be infeasible. When the proposed project was being analyzed, did the land represent a relevant cash flow? Yes, it was an opportunity cost, and the proposed project reflected the $335,000 current market value as an opportunity cost. Yes, it was an opportunity cost, and the proposed project reflected the $214.500 net gain for the land as such No, it was a sunk cost and not relevant Yes, it was relevant to the analysis and the historical cost of the land was a sunk cost. Question 30 9.03 pts If a company has experienced an increase in its marginal statutory income tax rate, then the depreciation tax shield, all else the same, should become_valuable when analyzing proposed business investment projects. neither more nor less more at least as less

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