Question: Final Exam - Mulliple Cholce Help Fruen 6 5 mit ose you sell a fixed assel for $ 9 9 , 0 0 0 when

Final Exam - Mulliple Cholce
Help
Fruen 65mit
ose you sell a fixed assel for $99,000 when its book value is $5,000. If your company's marginal taxk rate is a9 percent, what is the gain on lows on the sabe of sset?
Multiple Choice
$10,300
$11,600
$14,640
$24,000
Final Exam - Mulliple Cholce Help Fruen 6 5 mit

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