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Question 2 1 pts A potential real estate development yields a Return on Assets of 10%. The project has a before-tax cash flow of $35,000,
Question 2 1 pts A potential real estate development yields a Return on Assets of 10%. The project has a before-tax cash flow of $35,000, requires annual debt service payments of $60,000, and capital reserves of $20,000 per year. Based on this information, what was the project's total cost? $115,000 $350,000 $1,150,000 I don't have enough information to answer this question. Question 2 1 pts A potential real estate development yields a Return on Assets of 10%. The project has a before-tax cash flow of $35,000, requires annual debt service payments of $60,000, and capital reserves of $20,000 per year. Based on this information, what was the project's total cost? $115,000 $350,000 $1,150,000 I don't have enough information to answer this
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