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Suppose you sell a fixed asset for $112,000 when it's book value is $ 129,000....

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Accounting

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Suppose you sell a fixed asset for $112,000 when it's book value is $ 129,000. 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)

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