Give typing answer with explanation and conclusion 6. Six years ago, ABC Company invested $47,871 in a new machinery. The investment in net working capital was $9,992 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $17,709. Today, the book value of the machinery is $24,103. The tax rate is 39 percent. What are the terminal cash flows in Year 6? Enter your answer rounded off to two decimal points

Give typing answer with explanation and conclusion 6. Six years ago, ABC Company invested $47,871 in a new machinery. The investment in net working capital was $9,992 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $17,709. Today, the book value of the machinery is $24,103. The tax rate is 39 percent. What are the terminal cash flows in Year 6? Enter your answer rounded off to two decimal points

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter19: Capital Investment

Section: Chapter Questions

Problem 7E

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