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Business, 29.11.2020 14:50 Kaiyla44

A firm has a machine it can sell for $40,000. The book value of the machine is currently $20,000. If the firm sells the machine, what are the net proceeds from the sale? Assume that the tax rate is 40%. Round to the nearest penny.

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A firm has a machine it can sell for $40,000. The book value of the machine is currently $20,000. If...
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