You have just completed a $16,000 feasibility study for a new
coffee shop in some retail space you own. You bought the space two
years ago for $102,000, and if you sold it today, you would net
$111,000 after taxes. Outfitting the space for a coffee shop would
require a capital expenditure of $33,000 plus an initial investment
of $5,200 in inventory. What is the correct initial cash flow for
your analysis of the coffee shop opportunity?
Identify the relevant...