Question: i am having issues on 3 questions on some practice homework. explinations/ formulas would be appreciated. i will post each question seporatly. I am going
i am having issues on 3 questions on some practice homework. explinations/ formulas would be appreciated. i will post each question seporatly. I am going to bed now. if you answer while i am away i will grant the points in the morning.
Consider an asset that costs $639,000 and is depreciated straight-line to zero over its nine-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $166,000. If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset?
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