Question
You purchased a car for $1.15 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate
You purchased a car for $1.15 million three years ago and have been applying straight-line depreciation to zero for a seven-year life. Your tax rate is 28 %. If you sell the car today (after three years of depreciation) for $789, 000.00, what is your incremental cash flow from selling the car?
Your total incremental cash flow will be __
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
