What is amount of economic investment that has resulted

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Assume that a national restaurant firm called BBQ builds 15 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $300,000 of equipment and furnishings. To help partially defray the cost of this expansion, BBQ issues and sells 300,000 shares of stock at $35 per share. a. What is the amount of economic investment that has resulted from BBQ’s actions? $ million. b. How much purely financial investment took place? $ million.

Reference no: EM131094468

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