Question
Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required an investment in
Your firm is selling a 3-year old machine that has a 5-year class life. The machine originally cost $580,000 and required an investment in net working capital of $10,000 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 terminal cash flow? O $32,680 $212.680 $133,800 $207,680 O $197.680
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
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