Question
11. Suppose you sell a fixed asset for $111,000 when its book value is $131,000. If your companys marginal tax rate is 40 percent, what
11.
| Suppose you sell a fixed asset for $111,000 when its book value is $131,000. If your companys marginal tax rate is 40 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)? |
| ATCF | $ |
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
