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Given the following details, what is the difference in seller net proceeds between the asset sale and the stock sale? Details: Corporate tax rate: 38%
Given the following details, what is the difference in seller net proceeds between the asset sale and the stock sale? Details: Corporate tax rate: 38% Capital gains rate: 20% Stock Sale: Purchase price: $4,000.0m Stock basis: $1,000.0m Asset Sale: Purchase price: $4,000.0m Asset basis: $1,000.0m Selected Answer $912.0m $1,520.0m Answers: $912.0m $372.0m $518.0m Given the following details, what is the difference in seller net proceeds between the asset sale and the stock sale? Details: Corporate tax rate: 38% Capital gains rate: 20% Stock Sale: Purchase price: $4,000.0m Stock basis: $1,000.0m Asset Sale: Purchase price: $4,000.0m Asset basis: $1,000.0m Selected Answer $912.0m $1,520.0m Answers: $912.0m $372.0m $518.0m
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