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Unformatted text preview: After-tax cash flow from terminal sale of equipment $3,796,800 Net Present Value $11,532,752 Superfast would prefer to: a. have lower tax rates, b. have revenue exempt from taxation, c. recognize taxable revenues in later years rather than earlier years, d. recognize taxable cost deductions greater than actual outlay costs, and e. recognize cost deductions in earlier years rather than later years...
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This note was uploaded on 03/01/2012 for the course ACCOUTNING 550 taught by Professor Abner during the Spring '11 term at DeVry Houston.
- Spring '11