Business, 27.08.2019 03:30 lukasconway7644

Dilwater furniture purchased a corner lot in pittsburg five years ago at a cost of $890,000. the lot was recently appraised at $1,070,000. at the time of the purchase, the company spent $80,000 to grade the lot and another $120,000 to pave the lot for commuter parking. the company now wants to build a new retail store on the site. the building cost is estimated at $1.8 million. what amount should be used as the initial cash flow for this building project?

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Dilwater furniture purchased a corner lot in pittsburg five years ago at a cost of $890,000. the lot...

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