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lora16 [44]
4 years ago
3

High Breeze currently produces boat sails and is considering expanding into awnings for homes and travel trailers. The company o

wns land that could be used for the expansion. This land was purchased five at a cost of $319,000 and is valued today at $395,000. The company has some unused equipment that it currently owns valued at $38,000. This equipment could be used for producing awnings if $12,000 is spent for equipment modifications. Other equipment costing $138,000 will also be required. What is the amount of the initial cash flow for this expansion project
Business
1 answer:
spin [16.1K]4 years ago
0 0

Answer:

- $583,000

Explanation:

The computation of the initial investment is shown below:

= - (Today value price of land + current value of unused equipment + producing awnings cost + cost of other equipment)

= - ($395,000 + $38,000 + $12,000 + $138,000)

= - $583,000

The initial investment should always be displayed in a negative sign.

All other information which is given is not relevant. Hence, ignored it

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Answer:

Answers 1, 3 and 5 are correct

Explanation:

With globalization using lower labor costs in other countries ocurs through things like outsourcing. Transporting resources quickly from distant locations can also be done through globalization. For example, the U.S. imports less expensive from countries like China. Communicating more quickly with other countries can be see through social media etc.

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3 years ago
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4 years ago
Public choice is a field of study that:
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Answer:

a. Uses economic tools to examine political behavior.

Explanation:

Public choice is a field that uses economics to analyze and understand situations related to the political science like behavior, for example, the analysis of voters' behavior using decision theory. According to this, the answer is that public choice is a field of study that uses economic tools to examine political behavioral.

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5 0
3 years ago
Fresh Veggies, Inc. (FVI), purchases land and a warehouse for $550,000. In addition to the purchase price, FVI makes the followi
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Answer:

Land 594,500

Explanation:

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But, the demolition cost are associate with the old warehouse thus, as thsis asset is being destroyed It will be considered period cost, It will not be capitalized through land.

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broker commission 35,000

title insurance            2,500

closing cost       <u>         7,000   </u>

Total cost               594,500

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