Question
1. The cash inflow from the sale of a long-term plant asset at a loss is equal to the ________. amount of the loss plus
1. The cash inflow from the sale of a long-term plant asset at a loss is equal to the ________.
amount of the loss plus the loss times the tax rate | ||
amount of the loss | ||
selling price of asset plus the loss times the tax rate | ||
selling price of asset minus the loss times the tax rate |
2. The cash inflow from the sale of a long-term plant asset at a loss is equal to the ________.
amount of the loss plus the loss times the tax rate | ||
amount of the loss | ||
selling price of asset plus the loss times the tax rate | ||
selling price of asset minus the loss times the tax rate |
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