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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 $200,000. The
Golddex Corporation has decided to sell some old equipment to make room for a new project. The salvage value of the equipment is $200,000. The firm would be able to recover $40,000 in working capital when the equipment is sold. Their tax rate is 21%. The old equipment has a boolk value of $140,000. What is the terminal cash flow? $87,400 $227,400 $158,000 $198,000 $187,400
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