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What are the after-tax proceeds for the firm

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Reference no: EM132825570

If you have an asset with a net book value (NBV) of $17,000.

Problem a. What are the after-tax proceeds for the firm if they are in the 35% tax bracket if this asset is sold for $26,000 cash?

Problem b. What are the after-tax proceeds for a firm in the 35% tax bracket if this asset is sold for $10,000 cash?

Reference no: EM132825570

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