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At the conclusion of a capital budgeting project, a piece of equipment is expected to be sold for 506,043. At the time of sale, the
At the conclusion of a capital budgeting project, a piece of equipment is expected to be sold for 506,043. At the time of sale, the book value of the equipment would be 121,638. If the income tax rate is 0.29, what is the after-tax cash flow from the sale of the machine?John has an opportunity to receive unequal amounts annually as follows, 15,939 for year one, 12,926 for year two, 12,094 for year three, and 15,568 for year four. If he can earn 0.36 on his investments in the normal course of events, compute for the present value of the cash flows
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