You purchased a machine forall 112 million three yers ago, Finance Basics

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You purchased a machine forall 112 million three yers ago

Question: You purchased a machine Forall $1.12 million three yers ago and have been applying straight line depreciation to zero Forall a seven year life your tax rate is 40% if you sell the machine today (after three years of depreciation)Forall $739.000. what is your incremental cash flow from selling the machine? your total incremental cash flow will be $

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Finance Basics: You purchased a machine forall 112 million three yers ago

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