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What is cash flow from selling machine for naga company

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Problem 1: Naga Company is considering the sale of a machine with a book value of P 80,000 and 3 years remaining in its useful life. Straight-line depreciation of P 25,000 annually is available. The machine has a current market value of P 100,000. What is the cash flow from selling the machine if the tax rate is 40%?

a. 80,000
b. 88,000
c. 92,000
d. 100,000

Reference no: EM132993414

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