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

View Policies Current Attempt in Progress Oriole, Inc. is considering the purchase of a warehouse directly across the street from its manufacturing plant. Oriole currently warehouses its inventory in a public warehouse across town. Rent on the warehouse and delivering and picking up inventory cost Oriole $52800 per year. The building will cost Oriole $495000. Oriole will depreciate the building for 20 years. At the end of 20 years, the building will have a $137500 salvage value. Oriole'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) $469951. C $-25049. $1056000. C $-7318. Save for Later Attempts: 0 of 1 used Submit
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