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Current Attempt in Progress Ivanhoe, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant van de curent warehouses
Current Attempt in Progress Ivanhoe, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant van de curent warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inuent Ivanhoe $51840 per year. The building will cost Ivanhoe $486000. Ivanhoe will depreciate the building for 20 years. At the end of 20 years, the building will have a $135000 salvage value. Ivanhoe's required rate of return is 10% Click here to view the factor table. Using the present value tables, the building's net present value is (round to the nearest dollar) O $-7185. $1036800. O $461406. $-24594 Attempts: 0 of 1 used Submit Answer Save for Later
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