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1.3 REQUIRED Calculate the terminal cash flow from the information provided below. INFORMATION Richmond Ltd expects to sell equipment at the end of its useful

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1.3 REQUIRED Calculate the terminal cash flow from the information provided below. INFORMATION Richmond Ltd expects to sell equipment at the end of its useful life for R9 000. The equipment is expected to have a carrying/book value of RO. The removal and clean-up costs are estimated at R3 000. Net working capital worth R300 000 will be recovered. The company is subject to a 30% tax rate

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