Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year. if alternative investments are available that yield a 9% return, the opportunity cost of the purchase of the land is
a. $36,000
b. $9,000
c. $27,000
d. $72,000
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year. if ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Jarrett company is considering a total cash outlay of $300,000 for the purchase of land, which it could lease out for $36,000 per year.