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Encik Tee sets up a homestay on the lot of land purchased at RM320, 000....

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Accounting

Encik Tee sets up a homestay on the lot of land purchased at RM320, 000. The overall cost of setting up this homestay is RM750, 000.

1.What type of investment was made by Encik Tee? 2. State the potential risks, return and liquidity of the investment made by Encik Tee. 3.Was the investment made by Encik Tee a wise move? Justify the answer.

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