Monday
March 30, 2015

Homework Help: Finance

Posted by Thad on Monday, December 2, 2013 at 6:56pm.

Rock Company acquired land 8 years ago for 2.2 million. Today it is valued at 5.8 million. Rock plans to build a new factory on the site which is estimated to cost 21.5 million plus addition building site preparation costs of 3.2 million. What is the appropriate initial cost for this investment?

A. 24.5 million
B. 26.5 million
C. 28.5 million
D. 30.5 million
E. 32.5 million

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - Calculate the projectís initial Time 0 cash flow, taking into account ...
Finance - Calculate the projectís initial Time 0 cash flow, taking into account ...
Finance - The company bought some land three years ago for $3.8 million in ...
finance - A company wants to build a new factory for increased capacity. Using ...
Finance - A company wants to build a new factory for increased capacity. Using ...
Corporate Finance - A company wants to build a new factory for increased ...
Finance - Archer Daniels Midland Company is considering buying a new farm that ...
corporate finance - Archer Daniels Midland Company is considering buying a new ...
Math Accounting - Determine the proposalís appropriateness and economic ...
Microeconomics - A corporation began construction on a new site 2 years ago. At ...

Members