RSM332H1 Lecture Notes - Cash Flow
Document Summary
Parker & stone, inc. , is looking at setting up a new manufacturing plant in south park to produce garden tools. The company bought some land six years ago for million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net . 4 million. The company wants to build its new manufacturing plant on this land; the plant will cost 14. 2 million to build, ad the site requires ,000 worth of grading before it is suitable for construction.
