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Category > Business & Finance Posted 07 Jun 2017 My Price 8.00

Mason Farms purchased a building for $729,000 eight years ago.

Mason Farms purchased a building for $729,000 eight years ago. Six years ago, repairs were made to the building which cost $136,000. The annual taxes on the property are $11,000. The building has a current market value of $825,000 and a current book value of $494,000. The building is totally paid for and solely owned by the firm. If the company decides to use this building for a new project, what value, if any, should be included in the initial cash flow of the project for this building?

$494,000
  $582,000
  $825,000
  $865,000
  $953,000

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Status NEW Posted 07 Jun 2017 07:06 AM My Price 8.00

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