Suppose you sell a fixed asset for $112,000 when its book value is $112,000. If...
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Finance
Suppose you sell a fixed asset for $112,000 when its book value is $112,000. If your company's marginal tax rate is 15 percent, what will be the effect on the cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)?
Group of answer choices
$112,000
$95,200
$0
$128,000
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