Question 25 1 Creative Coffee Company (CCC) recently sold an obsolete piece of equipment to another company for $35,000. When it was sold, the equipment's book value was $30,000. CCC's marginal tax rate is 30 percent. What is the net after-tax cash flow that CCC received from the sale of the equipment? O $35.000 55,000 $36.500 $30.000 O $33,500 Question 26 Using the following is financial information, compute the operating breakeven point for Luscious Lawns (LL) Sales price per unit Variable cost ratio Fixed operating cost Interest expense Marginal tax rate $15 75% $15,000 $9.000 40% Sales - $8,000 Sales - $15.000 Sales - 6,400 units Sales - $60,000 Sales - 20,000 units D Question 28 Which of the following actions should a firm take to ensure its value is maximized? Minimize the expenses associated with normal operations. Maximize the dividends paid to common stockholders. Maximize the book value per share of the firm's common stock. Maximize the price of the firm's stock. Maximize its earnings per share (EPS)