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last year, bottlers, inc. paid cash to purchase land located besides its factory at a price of $1.89 million. Today, the land has a market
last year, bottlers, inc. paid cash to purchase land located besides its factory at a price of $1.89 million. Today, the land has a market value of $1.95 million. The company is jow considering building a new warehouse on that site. The construction cost of the warehouse isvestimated at $1.1 million. In addition, $450,000 worth of grading, draining, and paving will be required. What is the initial cash flow of this project? A. -$2.99 m B.-$3.44m C.-$3.5m D."-$1.55 m
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