asked 169k views
4 votes
Greg's Corner Bakery purchased a lot in Bozeman six years ago at a cost of $98,700. Today, that lot has a market value of $128,900. At the time of the purchase, the company spent $6,500 to level the lot and another $12,000 to install storm drains. The company now wants to build a new facility on the site at an estimated cost of $494,200 ($400,000 for the property and $94,200 for ovens, mixers, and other equipment). What amount should be used as the initial cash flow for the net fixed assets of this project

asked
User SeanW
by
7.5k points

1 Answer

1 vote

Answer:

Ye

Step-by-step explanation:

answered
User Bobby Moretti
by
8.7k points
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