Question
Six years ago, ABC Company invested $41070 in a new machinery. The investment in net working capital was $6242 which would be recovered at the
Six years ago, ABC Company invested $41070 in a new machinery. The investment in net working capital was $6242 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $16176. Today, the book value of the machinery is $11265. The tax rate is 23 percent. What are the terminal cash flows in Year 6?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
