The tax rate is 40 what would be the effect of selling the


We are thinking of buying a new delivery van. It will cost 30,000. We will use three years MACRS for depreciation. We think that at the end of the third year we can sell for 10,000.

The tax rate is 40% What would be the effect of selling the van on the third year cash flow.

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Financial Management: The tax rate is 40 what would be the effect of selling the
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