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

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter10: Project Cash Flows And Risk
Section: Chapter Questions
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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.
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