An Asset with a Book Value of $160,000 Is Sold

question 37

Multiple Choice

An asset with a book value of $160,000 is sold for $120,000.The applicable tax rate is 20%.What is the net after-tax cash inflow resulting from this transaction?

• A)$8,000 cash outflow
• B)$8,000 cash inflow
• C)$48,000 cash inflow
• D)$128,000 cash inflow

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Fibrillation

A rapid, irregular, and unsynchronized contraction of muscle fibers, particularly in the heart.

Ventricles

The two lower chambers of the heart, or the central cavities in the brain.

Capillaries

The smallest blood vessels in the body, connecting arteries to veins, which facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrient and waste substances between blood and surrounding tissues.

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body.