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INFORMATION (6 marks) Delta Limited expects to sell a delivery vehicle for R80 000 as it has reached the end of its useful life. This

INFORMATION (6 marks) Delta Limited expects to sell a delivery vehicle for R80 000 as it has reached the end of its useful life. This delivery vehicle has a book value of R10 000. Net working capital of R10 000 will be recovered on this delivery vehicle. The company is subject to tax at 28%. REQUIRED Calculate the terminal cash flow for the delivery vehicle for Delta Limited.

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