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Question 16 1 pt Chapter 11. Miles Cyprus Corp. purchased a truck that currently has a book value of $2,000. If the firm sells the

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Question 16 1 pt Chapter 11. Miles Cyprus Corp. purchased a truck that currently has a book value of $2,000. If the firm sells the truck for $1,00 today, then what is the amount of cash that it will net after taxes if the firm is subject to a 40 percent marginal tax rate? $1,400 $3,200 $3,800 $4,000

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