Question 1 - A company could sell a building for $250,000 or lease it for $2,500 per month. What would need to be considered in determining if the lease option would be preferred?
Question 2 - Many fast-food restaurant chains, such as McDonald's, will occasionally discontinue restaurants in their system. What are some of the financial and non-financial considerations in deciding to eliminate a store?
Question 3 - A chemical company has a commodity-grade and premium-grade product. Why might the company elect to process the commodity-grade product further to the premium-grade product?
Please answer all three questions.