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Pwke & Sone. Icorporated, is looking at sening up a new manudacturisg pant in South Park to produce garden tools. The cam parry bougm some
Pwke & Sone. Icorporated, is looking at sening up a new manudacturisg pant in South Park to produce garden tools. The cam parry bougm some land sie yrears ago tor $ milion in amciontion of using as a warehouse and desthouton ste but the campary has since decioed vo rem facines vibrwtrere if the lend were sold todry, the compary wound net $ milian. The company now wants buid its new manutacturing piant on this land; the ptane well cast milion to beid, and the sne lequiles worth of grading before is is subate for comtruction. What of the proper cash fow amount wo use os the inithil hyestment in fard assets nethen evaluging thes propect?
Nate: A megntive antwer should be indicated by a minus sign. Do not roand intermediate calculations bend enter your answer in dollers, not milionk, rounded so the nearest whsle number,
Q Answer ts complete but net emirely correct.
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