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Problem 9 - 6 Calculating Salvage Value [ LO 2 ] Consider an asset that costs $ 7 0 0 , 0 0 0 and
Problem Calculating Salvage Value LO Consider an asset that costs $ and is depreciated straightline to zero over its year tax life. The asset is to be used in a year project, at the end of the project, the asset can be sold for $ If the relevant tax rate is percent, what is the aftertax cash flow from the sale of this asset? Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg Aftertax salvage value
Problem Calculating Salvage Value LO
Consider an asset that costs $ and is depreciated straightline to zero over its year tax life. The asset is to be used in a year project, at the end of the project, the asset can be sold for $ If the relevant tax rate is percent, what is the aftertax cash flow from the sale of this asset?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
Aftertax salvage value
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