Question
A Company purchases new equipment for the amount of $ 550 . The equipment is expected to last 5 years and be depreciated on a
A Company purchases new equipment for the amount of $550. The equipment is expected to last 5 years and be depreciated on a straight-line basis down to zero. The new equipment is expected to generate cash inflows of $250 and outflows of $100. If tax rate is 34.0% which of the following is closest project cash flows from the equipment in year 1?
| $209.00 | ||
| $299.87 | ||
| $136.40 | ||
| $99.00 | ||
| $123.60 |
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Bankers Handbook On Credit Management
Authors: Indian Institute Of Banking & Finance
1st Edition
9387957853, 978-9387957855
