Question: hi, I need help with my Managerial Finance assignment please 2.Firm X is considering the replacement of an old machine with one that has a
hi, I need help with my Managerial Finance assignment please

2.Firm X is considering the replacement of an old machine with one that has a purchase price of $65,000. The current market value of the old machine is $25,000 but the book value is $38,000 The firm's tax rate for ordinary income is 26%. What is the net cash outflow for the new machine after considering the sale of the old machine? $42,490 $33,220 $48,970 $36,62
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