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Business, 25.11.2019 23:31 rayniqueamee2002

Ronnie's custom cars purchased some fixed assets two years ago for $39,000. the assets are classified as 5-year property for macrs. ronnie is considering selling these assets now so he can buy some newer fixed assets which utilize the latest in technology. ronnie has been offered $19,000 for his old assets. what is the net cash flow from the salvage value if the tax rate is 34%?

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