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Kilby's Casinos is considering replacing their craps table. They were purchased 4 years ago for a total cost of $100,000 and are being depreciated straight-line
Kilby's Casinos is considering replacing their craps table. They were purchased 4 years ago for a total cost of $100,000 and are being depreciated straight-line to zero value over 10 years. If these crap tables are sold at the following prices, what are the after-tax cash flows to Kilbys Casinos? Use 40 percent for the effective tax rate
Sales Price
1. 75000,
2.60000,
3. 20000
Please add formulas for work done
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