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Texa Soil Co. purchased a tract of land last year for $1.2 million.

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Texa Soil Co. purchased a tract of land last year for $1.2 million. At that time, the company spent $50,000 in legal fees to have the land rezoned for commercial use and another $175,000 to have the land graded so that it is usable. The company is now trying to decide if they want to build one large retail store on the property or a strip mall consisting of smaller stores. Which of the costs identified above should be included in the project analysis to determine the best use of the property?;A) All of the identified costs;B) Only the cost of the land and the grading;C) Only the legal fees and the grading costs;D) Only the cost of the grading;E) None of the identified costs

 

Paper#32728 | Written in 18-Jul-2015

Price : $27
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