Business, 25.01.2021 20:30 Anybody6457
Assume that a national restaurant chain called BBQ builds 10 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $300,000 of equipment and furnishings. To help partially defray the cost of this expansion, BBQ issues and sells 200,000 shares of stock at $35 per share.
a. What is the amount of economic investment that has resulted from BBQ’s actions? $ million.
b. How much purely financial investment took place? $ million.
Answers: 2
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Assume that a national restaurant chain called BBQ builds 10 new restaurants at a cost of $1 million...
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