rodriguez1980
14.11.2019 •
Business
3. tiger mfg. owns a manufacturing facility that is currently sitting idle. the facility is located on a piece of land that originally cost $159,000. the facility itself cost $1,390,000 to build. as of now, the book value of the land and the facility are $159,000 and $1,258,000, respectively. the firm owes no debt on either the land or the facility at the present time. the firm received a bid of $1,200,000 for the land and facility last week. the firm's management rejected this bid even though they were told that it is a reasonable offer in today's market. if the firm was to consider using this land and facility in a new project, what cost, if any, should it include in the project analysis?
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