Auto nation purchased some 100,000 of fixed assets theee years ago that are classified as 5 year macrs property. The macrs rates are 20 percent, 32 percent, 19.2 perfent, 11.52 percent , 11.52 percent and 5.76 percent for years 1to 6 respectively. The tax rate is 34 percent. If the assets are sold today for 25,000 what will be the after tax cash flow from the sale?

Answer rating: 100% (QA)

AfterTax Cash Flow Calculation Given Information Purchase price of fixed assets 100000 ... View the full answer