Business, 12.12.2019 06:31 jordanjones022

Kenny, inc., is looking at setting up a new manufacturing plant in south park. the company bought some land six years ago for $7.6 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent facilities elsewhere. the land would net $10.4 million if it were sold today. the company now wants to build its new manufacturing plant on this land; the plant will cost $21.6 million to build, and the site requires $910,000 worth of grading before it is suitable for construction. required: what is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

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Kenny, inc., is looking at setting up a new manufacturing plant in south park. the company bought so...

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