After-Tax Cash Flow from Sale of Assets Suppose you sell a fixed asset for $109,000 when its

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After-Tax Cash Flow from Sale of Assets Suppose you sell a fixed asset for $109,000 when its book value is $129,000. If your company's marginal tax rate is 39 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? (LG3)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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