What is the book value of the equipment if jones sells the


The Jones Company has just completed the third year of a? 5-year MACRS recovery period for a piece of equipment it originally purchased for $298,000. a. What is the book value of the? equipment? b. If Jones sells the equipment today for $179,000 and its tax rate is 35%?, what is the? after-tax cash flow from selling? it?

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Financial Management: What is the book value of the equipment if jones sells the
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