Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Consider an asset that costs $783200 and is depreciated straight line to zero over its eig...

Consider an asset that costs $783200 and is depreciated straight line to zero over its eight year tax life The asset is to be used in a five year project at the end of the project the asset can be

Consider an asset that costs $783,200 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $135,400. If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Aftertax salvage value $

 

Apr 11 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions