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Suppose you sell a fixed asset for $120,000 when its book value is $100,000. If your company's marginal tax rate is 39 percent, what well
Suppose you sell a fixed asset for $120,000 when its book value is $100,000. If your company's marginal tax rate is 39 percent, what well be the effect on cash flows of this sale? (i.e., what will be the after-tax cash flow of this sale?
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