Question
Lara Technologies is considering a total cash outlay of $222,000 for the purchase of land, which it could lease for $38,520 per year. If alternative
Lara Technologies is considering a total cash outlay of $222,000 for the purchase of land, which it could lease for $38,520 per year. If alternative investments are available that yield a 16% return, the opportunity cost of the purchase of the land is
a.$74,040
b.$38,520
c.$35,520
d.$3,000
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Comprehensive Manual Of Internal Audit Practice And Guide The Most Practical Guide To Internal Auditing Practice
Authors: Kibreab K Ftaw
1st Edition
1802277250, 978-1802277258
