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Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 8-year tax life. The asset is to be used in a
Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 8-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 $31,900. |
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If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? |
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