Logan,Incis Considering the Purchase of a Warehouse Directly Across the Street

question 39

Multiple Choice

Logan,Inc.is considering the purchase of a warehouse directly across the street from its manufacturing plant.Logan currently warehouses its inventory in a public warehouse across town.Rent on the warehouse and delivering and picking up inventory cost Logan $48,000 per year.The building will cost Logan $400,000.Logan will depreciate the building for 20 years.At the end of 20 years,the building will have a $125,000 salvage value.Logan's required rate of return is 10%.The building's net present value is

• A)$41,347
• B)$27,228
• C)$427,228
• D)$960,000

Develop effective communication strategies with victims expressing feelings of hopelessness.

Prioritize emergency care actions for unconscious or potentially drugged sexual assault victims.

Provide immediate and proper response and care for sexual assault victims, including those who decline treatment.

Understand the recovery indicators in victims of sexual assault.

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Definitions:

Novation

The act of replacing an original party in a contract with a new party, with the consent of all involved, effectively creating a new contract.

Previous Valid Obligation

A duty or commitment that has been legally recognized and must be fulfilled as previously agreed or contracted.

Novation

The act of replacing an old obligation with a new one, thereby extinguishing the original obligation.

Consideration

In contract law, the benefit or value that each party agrees to give or receive as part of a legal agreement.