cash flow
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Acme
Transcribed Image Text:Acme is considering the sale of a machine with a book value of
P160,000 and 3 years remaining in its useful life. Straight-line
depreciation of P50,000 annually is available. The machine has a
current market value of P20G000. What is the cash flow from
selling the machine if the tax rate is 30%?
O P200,000
O P188,000
O P184,000
P190,000
O P192,000
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