unit 7 problem 4 2020.docx - The Concord Inc a manufacturer...

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TheConcordInc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so,Concordhas decided to locatea new factory in the Panama City area.Concordwill either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.Building A:Purchase for a cash price of $613,000, useful life26years.Building B:Lease for26years with annual lease payments of $71,950being made at the beginning of the year.Building C:Purchase for $655,100cash. This building is larger than needed; however, the excess space can be sublet for26years at a net annual rental of $

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