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What will be the effect on cash flows of the sale

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Reference no: EM132869320

Question 1: Suppose you sell a fixed asset for $75,000 when its book value is $80,000. If your company's marginal tax rate is 35 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?

Reference no: EM132869320

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