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A company buys a machine for $100,000 and depreciates it at $10,000 per year for 6 years. They then sell it for $70,000. The tax
| A company buys a machine for $100,000 and depreciates it at $10,000 per year for 6 years. They then sell it for $70,000. The tax rate is 20%. What is the total cash flow associated with the sale? |
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
