What is the cash flow resulting from the sale of the machine

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Reference no: EM131535440

Suppose that a machine with a book value of $49430 can be sold for salvage of $41930. If the firm's corporate income tax rate is 15 percent, what is the cash flow resulting from the sale of the machine. Do not ignore the tax effect and, if necessary, assume the cost of capital is 10%.

Reference no: EM131535440

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