Oz Corp. is now in the final year of a project. The equipment originally cost $9,466,...

 

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Oz Corp. is now in the final year of a project. The equipment originally cost $9,466, and the asset has been 78% depreciated. Oz can sell the used equipment today for $1,347, and its tax rate is 35%. The equipment's net after-tax salvage value is $ In other words, find the net after-tax cash flow effect of selling the equipment. Round your final answer to 2 decimal places (example: if your answer is 12.3456, you should enter 12.35). Oz Corp. is now in the final year of a project. The equipment originally cost $9,466, and the asset has been 78% depreciated. Oz can sell the used equipment today for $1,347, and its tax rate is 35%. The equipment's net after-tax salvage value is $ In other words, find the net after-tax cash flow effect of selling the equipment. Round your final answer to 2 decimal places (example: if your answer is 12.3456, you should enter 12.35).

Answer rating: 100% (QA)

To find the net aftertax cash flow effect of selling the equipment we need to calculate the aftertax ... View the full answer