Compute the net investment for feinstein finest new pub

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Reference no: EM131609713

Feinstein’s Finest is considering opening a new pub in the southwest part of town. The building will cost $1.5 million, and fixtures such as bars, kitchen equipment, and so on, will cost another $200,000, including installation costs. Stocking the pub with an inventory before it opens will cost another $100,000. Land for the building site cost Feinstein $300,000 several years ago, but now the land could be sold to net Feinstein $1,000,000 after-tax. Compute the net investment for Feinstein’s Finest new pub.

Reference no: EM131609713

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