Grant Plc is considering expanding its video rental library to 8,000 tapes. The purchase price...
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Grant Plc is considering expanding its video rental library to 8,000 tapes. The purchase price of the additional videos will be 30,000 and the shipping cost in mother 4,000. To house the tapes, the owner will have to spend another 10,000 for display shelves, increase not working capital by 5,000, and interest expenses will add another 8,000 to the operating cost. What is the net investment of time zero to Grant Ple for this project! E84,000 99,000 95,000 107.000
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