Cash inflow from sale of long-term plant asset at loss

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1. The cash inflow from the sale of a long-term plant asset at a loss is equal to the ________.

amount of the loss plus the loss times the tax rate

amount of the loss

selling price of asset plus the loss times the tax rate

selling price of asset minus the loss times the tax rate

2. The cash inflow from the sale of a long-term plant asset at a loss is equal to the ________.

amount of the loss plus the loss times the tax rate

amount of the loss

selling price of asset plus the loss times the tax rate

selling price of asset minus the loss times the tax rate

Reference no: EM131354568

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