Question: Current Attempt in Progress Ivanhoe, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant van de curent warehouses

 Current Attempt in Progress Ivanhoe, Inc. is considering the purchase of

Current Attempt in Progress Ivanhoe, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant van de curent warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inuent Ivanhoe $51840 per year. The building will cost Ivanhoe $486000. Ivanhoe will depreciate the building for 20 years. At the end of 20 years, the building will have a $135000 salvage value. Ivanhoe's required rate of return is 10% Click here to view the factor table. Using the present value tables, the building's net present value is (round to the nearest dollar) O $-7185. $1036800. O $461406. $-24594 Attempts: 0 of 1 used Submit Answer Save for Later

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