Suppose you sell a fixed asset for 91000 when its book


Suppose you sell a fixed asset for $91,000 when it's book value is $112,000. If your company's marginal tax rate is 35%, 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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Financial Management: Suppose you sell a fixed asset for 91000 when its book
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