Finance Lab Question 4

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Nov 10th, 2014

Loss on Sale = $137,000 - $117,000= $20,000

Tax Benefit due to loss = $20,000*39% = $7,800

Effect on Cash flow = $117,000 + $7,800 = $124,800

Nov 10th, 2014

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Nov 10th, 2014
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Nov 10th, 2014
Jun 25th, 2017
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