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Question 19 1 pts Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required
Question 19 1 pts Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required no investment in net working capital at the time of installation. Your firm is selling the asset for $180,000. Your firm's marginal tax rate is 34%. What is the cash flow effect from selling this machine? $217,680 $197.680 $212,680 $207,680 $202,680 Question 20 1 pts Suppose you own 5% of Coastal Corporation's 200,000 outstanding common shares. The stock was trading for $135 per share before Coastal executives announced a 3- for-2 stock split. After the split, you will own__shares worth per share. 22,500: $90 15,000: $135 22,500: $135 30,000; $110 15,000; $90
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