Question: Problem 1-7 (Algorithmic) (LO. 3) The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its

Problem 1-7 (Algorithmic) (LO. 3) The Adams Independent School District wants to

Problem 1-7 (Algorithmic) (LO. 3) The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: Organization/Company Offer Proposed Use The State Department of Public Safety (DPS) $7,900,000 New state highway patrol barracks Trinity Lutheran Church Truly Car Dealers $7,800,000 $7,700,000 Start a church school Open a car dealership As the financial adviser for the school district, which offer would be probably be preferable from a long-term financial standpoint? would probably be preferable since it would be subject to ad valorem taxes.

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