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A fixed asset costs $1 200 and will be depreciated straight line to zero over 8 years The asset will be used in a 6 year project at the end of the project the asset can be sold for $525 The tax

A fixed asset costs $1, 200 and will be depreciated straight line to zero over 8 years. The asset will be used in a 6-year project; at the end of the project, the asset can be sold for $525. The tax rate is 28%. Find the cash flow from the sale of the asset.
 

Apr 06 2020 View more View Less

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