Business, 23.11.2019 03:31 highflylex279

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

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:20, chantelljenkins2

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

Answers: 3

continue

Business, 22.06.2019 10:30, AriaMartinez

Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.

Answers: 1

continue

Business, 22.06.2019 21:50, peno211

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no

Answers: 1

continue

Business, 22.06.2019 22:40, juicecarton

Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.

Answers: 1

continue

You know the right answer?

Crosstown builders is considering remodeling an old building it currently owns. the building was pur...