Calculating Salvage Value Consider an asset that costs 548,000 and is depreciated using 20 per cent reducingbalance.

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Calculating Salvage Value Consider an asset that costs

€548,000 and is depreciated using 20 per cent reducingbalance. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for €105,000.

If the relevant tax rate is 35 per cent, what is the after-tax cash flow from the sale of this asset?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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Question Posted: Jul 08, 2024 02:09 AM

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Calculating Salvage Value Consider an asset that costs 548,000 and is depreciated using 20 per cent reducingbalance.

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Fundamentals Of Corporate Finance

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