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A firm has decided to sell a piece of equipment today. The equipment will be...

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Finance

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A firm has decided to sell a piece of equipment today. The equipment will be sold for $300,000, and has a book value of $200,000. If the marginal tax rate is 30%, what is the net cash flow from selling the piece of the equipment? $265,000 $300,000 $270,000 $235,000 $230,000

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