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crane inc is considering the purchase of a warehouse directly across the street from its manufacturing plant. crane currently warehouses its inventory in a public
crane inc is considering the purchase of a warehouse directly across the street from its manufacturing plant. crane currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost crane $39360 per year. the building will cost crane $369000. Crane will depreciate the builiding for 20 years. at the end of 20 years, the building will have a $102500 salvage value. Cranes required rate of return is 12%
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