Question: View Policies Current Attempt in Progress Blossom, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Blossom currently


View Policies Current Attempt in Progress Blossom, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Blossom currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Blossom $38400 per year. The building will cost Blossom $360000. Blossom will depreciate the building for 20 years. At the end of 20 years, the building will have a $100000 salvage value. Blossom'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) $341782. O $-18218. $-5322. $768000. Save for Later Attempts: 0 of 1 used Submit Answer 10% 11% 12% 13% 14% 16% 18% 20% APPENDIX 9.1 Present value of $1 received in a periods. Periods 4% 5% 6% 7% 8% 9% 1 0.9615 0.9524 0.9434 0.9346 0.9239 0.9174 2 0.9246 0.9070 0.8900 0.8734 0.8573 0.8417 3 0.8890 0.8638 0.8396 0.8163 0.7938 0.7722 4 0.8548 0.8227 0.7921 0.7629 0.7350 0.2084 5 0.8219 0.7833 0.7473 0.7130 0.6806 0.6499 0.9091 0.8264 0.7513 0.6830 0.6209 0.9009 0.8929 0.8850 0.8772 0.8116 0.7972 0.7831 0.7695 0.7312 0.7118 0.6931 0.6750 0.6582 0.6335 0.6133 0.5921 0.5935 0.5674 0.5428 0.5194 0.8621 0.8473 0.7432 0.7182 0.6107 0.0086 0.5523 0.5158 0.4761 0.4371 0.8333 0.6944 0.5787 0.4823 0.4019 6 7 8 9 10 0.7903 0.7599 0.7307 0.7026 0.6756 0.7462 0.7107 0.6768 0.6446 0.6139 0.7050 0.6651 0.6274 0.5919 0.5584 0.6563 0.6302 0.6227 0.5835 0.5820 0.5403 0.5439 0.5002 0.5083 0.4632 0.5963 0.5470 0.5019 0.4604 0.4224 0.5645 0.5132 0.4665 0.4241 0.3855 0.5346 0.5066 0.4803 0.4812 0.4523 0.4251 0.4339 0.4019 0.3762 0.3909 0.3606 0.3329 0.35220.3220 0.2946 0.4556 0.3996 0.3506 0.3075 0.2697 0.4104 03704 0.3538 0.3119 0.3050 0.2660 0.2630 0.2255 0.2267 0.1911 0.3349 0.2791 0.2326 0.1938 0.1615 0.2366 11 12 13 14 15 0.6496 0.6246 0.6006 0.5847 0.35 0503 0.SOS 0.4810 0.5268 0.4970 0.4688 0.4423 0.4173 0.4751 0.4289 0.4440 0.3971 0.4150 0.3677 0.3878 0.3405 0.3624 0.3152 0.3875 0.3555 0.3262 0.2992 0_2745 0.3505 0.3186 0.2897 0.263 0.2394 0.3173 0.2858 0.2575 0.2320 0.2090 0.2875 0.2007 0.2567 0.2307 0.2292 0.0042 0.2046 0.1802 0.1827 0.1999 0.2076 0.1821 0.1597 0.1401 0.1954 0.1619 0.1685 0.1372 0.1452 0.1163 0.1252 0.0985 0.1079 0.0835 0.1345 0.1122 0.0935 0.0779 0.0649 0.5775 0.5553 0.4581 16 17 18 19 20 0.5339 0.5134 0.4936 0.4746 0.4564 $1 (1+1)" 04155 0.3957 0.3269 0.3936 0.3387 0.2919 0.3714 0.3166 0.2703 0.3503 0.2959 0.2502 03305 0.2765 0.2317 03118 0.2-584 0.2145 0.2519 0.2176 0.1983 0.2311 0.1978 0.1696 0.2120 0.1799 0.1528 0.1945 0.1635 0.1377 0.1784 0 1486 0.1240 0.1631 0.1456 0.1300 0.1161 0.1037 0.1415 0.1252 0.1108 0.0981 0.0868 0.1229 0.1078 0.0946 0.08.29 0.0728 0.0930 0.0708 0.0802 0.0600 0.0691 0.0508 0.0596 0.0431 0.0514 0.0365 0.0541 0.0451 0.0376 0.0313 0.0261 P
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