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Author Question: Blackjack Inc wants to replace a 9-year-old machine with a new machine that is more efficient. The ... (Read 127 times)

torybrooks

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Blackjack Inc wants to replace a 9-year-old machine with a new machine that is more efficient.
  The old machine cost 70,000 when new and has a current book value of 15,000. Blackjack can sell
  the machine to a foreign buyer for 14,000.
 
  Blackjack's tax rate is 35. The effect of the sale of the
  old machine on the initial outlay for the new machine is
  A) 1,000. B) (13,650). C) (14,350). D) (9,100).

Question 2

Spontaneous financing is financing obtained at the last minute due to poor financial planning.
 
  Indicate whether the statement is true or false


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Sophiapenny

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torybrooks

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Reply 2 on: Jul 10, 2018
Excellent


chereeb

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Reply 3 on: Yesterday
:D TYSM

 

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