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Question 19 (3 points) A company is evaluating a new manufacturing plant to be used to produce tools. The company bought some land four years
Question 19 (3 points) A company is evaluating a new manufacturing plant to be used to produce tools. The company bought some land four years ago for $600,000 in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities instead. If the land were sold today, the company would net $500,000. The company wants to build its new manufacturing plant on this land. The new manufacturing plant will cost $1,300,000 to build and site preparation prior to construction will cost $80,000. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? Enter your answer as dollars with 0 digits to the right of the decimal point in the box shown below. Your Answer: Answer Question 20 (3 points) A company is examining a new production system with an installed cost of $460.000. This fixed asset Some of
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