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Golddex Corporation has decided to sell some old equipment to make room for a new project. The salvage value of the equipment is $300,000. The
Golddex Corporation has decided to sell some old equipment to make room for a new project. The salvage value of the equipment is $300,000. The firm would be able to recover $60,000 in working capital when the equipment is sold. Their tax rate is 21%. The old equipment has a book value of $210,000. What is the terminal cash flow?
a) $281,100
b) $131,100
c) $297,000
d) $341,100
e) $237,000
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