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Cullumber, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant Cullumber currently warshouses its inventory in a publicwarehouse
Cullumber, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant Cullumber currently warshouses its inventory in a publicwarehouse across town. Rent on the warehouse and delivering and picking up inventory cost Cullumber $40320 per year. The building will cost Cullumber $378000. Cullumber will depreciate the building for 20 years. At the and of 20 years, the building will have a $105000 salvage value Cullumber's required rate of return is 10% Click here to view the factor table. Using the present value tables, the building's nat present value is (round to the nearest dollar) O $343268. O S-19129 O5806-400. O S-34732 Save for Later Attempts: 0 of 1 used Submit
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