![Business](/tpl/images/cats/ekonomika.png)
Business, 20.11.2019 02:31, heyhay5748
Crosstown builders is considering remodeling an old building it currently owns. the building was purchased ten years ago for $1.2 million. over the past ten years, the firm rented out the building and used the rent to pay off the mortgage. the building is now owned free and clear and has a current market value of $1.9 million. the company is considering remodeling the building into industrial-type apartments at an estimated cost of $1.6 million. the estimated present value of the future income from these apartments is $4.1 million. which one of the following defines the opportunity cost of the remodeling project?
1. cost of the remodeling.
2. current market value of the building plus the remodeling costs.
3. current market value of the building.
4. present value of the future income.
5. initial cost of the building plus the remodeling costs.
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 20:00, mackle34
Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?
Answers: 1
Do you know the correct answer?
Crosstown builders is considering remodeling an old building it currently owns. the building was pur...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 19.03.2020 21:08
![Konu](/tpl/images/cats/mat.png)
Mathematics, 19.03.2020 21:08
![Konu](/tpl/images/cats/biologiya.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/fizika.png)
Physics, 19.03.2020 21:08
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/ekonomika.png)