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Puck Company received $22,000 cash from the sale of a machine that had a $17,000 book value. If the company is subject to a 40%
Puck Company received $22,000 cash from the sale of a machine that had a $17,000 book value. If the company is subject to a 40% income tax rate, the net cash flow to use in a discounted-cash-flow analysis would be:
rev: 04-16-2011
$7,000. | |
$24,000. | |
$3,000. | |
$13,200. | |
$20,000. |
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