The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.
Suppose you sell a fixed asset for $127,000 when it’s book value is $159,000. If your company’s marginal tax rate is 33%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?
$137,560
$21,440
$32,000
$159,000
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