Question
Salvage problem: at the end of year 3 of a project you sell equipment for 23,500 that you bought for 50,000 when the project started.
Salvage problem: at the end of year 3 of a project you sell equipment for 23,500 that you bought for 50,000 when the project started. What is the total cashflow after taxes? Use the following MACRS percentages.
Year 1 20% 2 32% 3 19% 4 11.52% 5 11.52% 6 5.76%
in excel no hard coding please
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
