Question
Consider an asset that costs $176,000 and is in a seven-year MACRS class. The asset is to be used in a 7-year project; at the
Consider an asset that costs $176,000 and is in a seven-year MACRS class. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $22,000. The relevant tax rate is 30 percent. What is the after-tax cash flow from the sale of this asset?
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Finance For Growing Enterprises
Authors: Edward W. Davis, Roger Buckland
1st Edition
1138679941, 978-1138679948
