Business, 01.03.2021 21:50 kennedy6010

Suppose you sell a fixed asset for $90,000 when its book value is $95,000. If your company's marginal tax rate is 21 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)?

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Suppose you sell a fixed asset for $90,000 when its book value is $95,000. If your company's margina...