Question
consider an asset that costs $878,400 is depreciated straight-line to zero over it's nine-year life. The asset is to be used in a six-year project;
consider an asset that costs $878,400 is depreciated straight-line to zero over it's nine-year life. The asset is to be used in a six-year project; at the end of hte project, the asset can be sold for $135,100.
If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset?
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The Routledge Handbook Of FinTech
Authors: K. Thomas Liaw
1st Edition
0367263599, 978-0367263591
