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Business, 15.11.2019 21:31 nathanstern21

Pet supply purchased $62,800 of fixed assets two years ago. the company no longer needs these assets so it is going to sell them today for $29,500. the assets are classified as five-year property for macrs. the macrs rates are .2, .32, .192, .1152, .1152, .0576, for years 1 to 6, respectively. what is the net cash flow from this sale if the firm's tax rate is 23 percent and no bonus depreciation is taken?

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Pet supply purchased $62,800 of fixed assets two years ago. the company no longer needs these assets...
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