Question
Consider an asset that costs $246,400 and is depreciated straight-line to zero over its 6-year tax life. The asset is to be used in a
Consider an asset that costs $246,400 and is depreciated straight-line to zero over its 6-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $30,800.
If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset
Multiple Choice
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$23,408.00
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$40,964.00
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$156,476.00
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$43,120.00
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$45,276.00
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
