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COVID Corporation is planning to construct a new and larger warehouse that will cost P200 Million. Once the new warehouse is put into operation, Magnus
COVID Corporation is planning to construct a new and larger warehouse that will cost P200 Million. Once the new warehouse is put into operation, Magnus can avoid P20 Million operating cost and the old warehouse can be sold for P30 Million. Additional working capital needed to operate the new warehouse will be P3 Million while commissioning the new warehouse will cost the company another P5 Million
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