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Is my answer correct ? Today, Gomi Waste Disposal purchased a piece of equipment for 158,000 dollars that will be depreciated to 86.000 dollars over
Is my answer correct ?
Today, Gomi Waste Disposal purchased a piece of equipment for 158,000 dollars that will be depreciated to 86.000 dollars over 6 years using straight-line depreciation. What would the after-tax cash flow be from the equipment the equipment is sold in 8 years for 95,000 dollars and the tax rate is 25 percent? 86750 Step by Step Solution
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