A company has just completed the third year of a five-year, Financial Management

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A company has just completed the third year of a five-year

A company has just completed the third year of a five-year MACRS recovery period for a piece of equipment it originally purchased for $303,000.

A. What is the book value of the equipment?

B. If jones sells the equipment today for $175,000 and its tax rate is 35%, what is the after tax cash flow from selling it?

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Financial Management: A company has just completed the third year of a five-year

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