Which of the following is recorded as a cost when purchasing an existing building? A. cost to renovate the building before it is in use B. fencing C. land where the building is located D. parking lot around the building

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A: Hi student Since there are multiple subparts, we will answer only first three subparts.

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A:

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A: As requested to ignore break even point so we are only answering variable cost.

Present Value

Present value (PV) is defined as the current or present value of all future sums of cash flow or money at a specified rate of return. This rate of return is known as the discounted rate, which is essentially the interest rate, discounted over some time. The expected cash flows are discounted at a discount rate to compute the present value. The higher the discount rate, the higher the future value (FV), but the lower the present value.