Which one of the following is an example of systematic risk? investors panic causing security prices around the globe to fall precipitously corn prices increase due to increased demand for alternative fuels a city imposes an additional one percent sales tax on all products a toymaker has to recall its top-selling toy a flood washes away a firm’s warehouse Crafter’s Supply purchased some fixed assets 2 years ago at a cost of $38,700. It no longer needs these assets so it is going to sell them today for $25,000. The assets are classified as 5-year property for MACRS. What is the net cash flow from this sale if the firm’s tax rate is 30 percent? $25,211.09 $13,122.20 $20,843.68 $23,072.80 $18,576.00
Crafter’s Supply
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