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Required: 1. Using the NPV approach, determine whether Top-Quality Stores Inc. should lease or buy the new facility. Assume that you will be making your

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Required: 1. Using the NPV approach, determine whether Top-Quality Stores Inc. should lease or buy the new facility. Assume that you will be making your presentation before the company's executive committee, and remember that the president detests sloppy, disorganized reports. 2. What reply will you make in the meeting if Watkins brings up the issue of the building's future sales value? CHECK FIGURE (1) NPV: $78,001 in favour of leasing

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