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Question 36 of 50 -/6 View Policies Current Attempt in Progress Blossom, Inc. is considering the purchase of a warehouse directly across the street from

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Question 36 of 50 -/6 View Policies Current Attempt in Progress Blossom, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Blossom currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Blossom $38400 per year. The building will cost Blossom $360000. Blossom will depreciate the building for 20 years. At the end of 20 years, the building will have a $100000 salvage value. Blossom's required rate of return is 10%. Click here to view the factor table. Using the present value tables, the building's net present value is (round to the nearest dollar) $768000 $341782 5-5322 OS-18218 Que M Attempts: 0 of 1 used

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