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An asset cost Rs. 50,000 has a useful life of 5 Yrs with its salvage value zero. Income from the project is as following. Calculate
An asset cost Rs. 50,000 has a useful life of 5 Yrs with its salvage value zero. Income from the project is as following. Calculate the tax amount and after tax cash flow if the tax is 25%. Use straight line depreciation method. Yrs. Cash flow 0 50000 1 15000 2 18000 3 20000 4 17000 5 12000
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Auditing A Practical Approach
Authors: Robyn Moroney
1st Canadian Edition
978-1118472972, 1118472977, 978-1742165943
