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1.Suppose you sell a fixed asset for $116,000 when its book value is $136,000. If your companys marginal tax rate is 35 percent, what will
1.Suppose you sell a fixed asset for $116,000 when its book value is $136,000. If your companys marginal tax rate is 35 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)?
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