Description of this paper

The ARA Railroad owns a piece of land

Description

solution


Question

10. The ARA Railroad owns a piece of land along one of its right of ways. The land originally cost ARA $100,000. ARA is considering building a new maintenance facility on this land. ARA determined that the proposal to build the new faciltiy is acceptable if the railroad's project acceptance criteria if the land cost above $500,000. An investor has recently offered ARA $1 million for the land. Should ARA build the maintenance facility at this location?

 

Paper#28682 | Written in 18-Jul-2015

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