What is the after-tax cash flow that results from the sale for $150,000 of a capital asset that has a book value of $200,000, given a 40% tax rate?
A)$150,000
B)$130,000
C)$90,000
D)$170,000
E)$120,000

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The Answer of What is the after-tax cash flow that results from the sale for $150,000 of a capital asset that has a book value of $200,000, given a 40% tax rate?
A)$150,000
B)$130,000
C)$90,000
D)$170,000
E)$120,000

What Is the After-Tax Cash Flow That Results from the Sale