The warehouse is debt-free

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Wexter's purchased a warehouse for $499,000 six years ago. Four years ago, repairs costing $132,000 were made to the building. The annual property taxes are $41,000. The warehouse has a current book value of $268,000 and a market value of $529,000. The warehouse is debt-free. If the company decides to assign this warehouse to a new project, what value, if any, should be included in the initial cash flow of the project for this building?

Reference no: EM131022535

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The warehouse is debt-free : Wexter's purchased a warehouse for $499,000 six years ago. Four years ago, repairs costing $132,000 were made to the building. The annual property taxes are $41,000. The warehouse has a current book value of $268,000 and a market value of $529,000. T..

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