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confronted with a capital budgeting decision the project manager is contemplating on replacing an old machine with book value of R 10 000 and selling
confronted with a capital budgeting decision the project manager is contemplating on replacing an old machine with book value of R 10 000 and selling price R 30 000, the removal cost of the old machine is R3000 the company subject to capital gain tax of 25%. Detemine the after-tax proceeds from the sale of old machine A R 4 250 B R 25, 750 C R 9 250 D R 20 750
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