The furniture makers purchased some fixed assets three, Financial Management

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The furniture makers purchased some fixed assets three

The Furniture Makers purchased some fixed assets three years ago for $52,000. The assets are classified as 5-year property for MACRS. The company is considering selling these assets now so they can buy some newer fixed assets which utilize the latest in technology. The company has been offered $15,500 for these old assets. What is the net cash flow from the salvage value if the tax rate is 34 percent?

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Financial Management: The furniture makers purchased some fixed assets three

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Financial Management: The furniture makers purchased some fixed assets three

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