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plz find Correct answer 5 Consider an asset that costs $730,000 and can be depreciated at 20% per year (Class 8) over its eight-year life.
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5 Consider an asset that costs $730,000 and can be depreciated at 20% per year (Class 8) over its eight-year life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $192,000. If the relevant tax rate is 40%, what is the after-tax cash flow from the sale of the asset? You can assume that there will be no assets left in the class in six years. (Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.) Aftertax salvage value s Kipped Book Print Ferences Next >Step by Step Solution
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