Suppose you sell a fixed asset for $ 1 1 9 , 0 0 0 when its

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Question:

Suppose you sell a fixed asset for $

119, 000

when its book value is $

139, 000 .

If your companys marginal tax rate is

21

percent, what will be the effect on cash flows of this sale

(

.

.,

what will be the after

-

tax cash flow of this sale

) ? (

Enter your answer as a whole number.

)

Posted Date: May 18, 2024 11:17 PM

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Suppose you sell a fixed asset for $ 1 1 9 , 0 0 0 when its

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