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Do you believe that the cash flows from the sale of an investment should also include the tax effect of the sale? Explain. Do you
Do you believe that the cash flows from the sale of an investment should also include the tax effect of the sale? Explain. Do you believe that cash flows from sales of investments should be net of their tax effects, or do you believe that the tax effect should remain an operating activity because it is a part of "payments to the government'? Explain.
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