Question
Five years ago, ABC Company invested $45,018 in a machinery. The investment in net working capital was $3,406 which would be recovered at the end
Five years ago, ABC Company invested $45,018 in a machinery. The investment in net working capital was $3,406 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $16,752. The book value of the machinery is $12,595. The tax rate is 23 percent. What are the terminal cash flows in Year 5?
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Financial Management Core Concepts
Authors: Raymond Brooks
4th Edition
134730417, 134730410, 978-0134730417
