Consider an asset that costs $730,000 and can be depreciated at 20 percent per year over...
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Consider an asset that costs $730,000 and can be depreciated at 20 percent per year over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $320,000. The company faces a tax rate of 26%. The sale of this asset will close the asset class. What is the after-tax cash flow from the sale of the asset? $320,000 $346,125 $293,875 $495,727 $464,673 Consider an asset that costs $730,000 and can be depreciated at 20 percent per year over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $320,000. The company faces a tax rate of 26%. The sale of this asset will close the asset class. What is the after-tax cash flow from the sale of the asset? $320,000 $346,125 $293,875 $495,727 $464,673
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Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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