Question: Question 16 (3.5 points) Metro Semiconductor is considering a replacement capital expenditure (selling an old asset and replacing it with a new asset). The old

 Question 16 (3.5 points) Metro Semiconductor is considering a replacement capital

Question 16 (3.5 points) Metro Semiconductor is considering a replacement capital expenditure (selling an old asset and replacing it with a new asset). The old asset will be sold for $11,000, and has a remaining net book value of $3,000. The company faces a marginal 30% tax rate. What is the after tax cash flow associated with this asset disposal (ATAD)? [If needed, round your answer to two decimal places.] Your

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