Question: Keep, Modernize or Abandon store Fairfield is considering abandoning a store with no debt. Fairfield believes they could sell the store for ( $ 300,000
Keep, Modernize or Abandon store Fairfield is considering abandoning a store with no debt. Fairfield believes they could sell the store for \\( \\$ 300,000 \\) after taxes or it could be kept and it will produce after-tax cash flows of \\( \\$ 95,000 \\) for each of 5 years. In addition, the possibility of modernizing the store with additional after-tax cash flow consequences solely for the modernization are as follows: Should Fairfield abandon, keep or modernize
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