Suppose you sell a fixed asset for 123000 when its book
Suppose you sell a fixed asset for $123,000 when its book value is $143,000. If your company’s marginal tax rate is 40 percent, what will 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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tim corporation had 2200000 shares outstanding at the beginning of the year with a common stock book value of 7150000
suppose you sell a fixed asset for 123000 when its book value is 143000 if your companyrsquos marginal tax rate is 40
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