After-Tax Cash Flow Assignment | Homework For You
June 2nd, 2020
Suppose you sell a fixed asset for $119,000 when it’s book value is $143,000. If your company’s marginal tax rate is 21%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? Multiple Choice О $124,040 о $24,000 о $18,960 o $124,040 o $24,000 o $18,960 o $143,000. Get Finance homework help today
