After-tax cash flow from sale of machinery


Your firm purchased machinery with a 7 year MACRS life for $15 million. The project will end after 5 years. If the equipment can be sold for $3 million at the completion of the project, and your firm's tax rate is 38%, what is the after-tax cash flow from the sale of machinery?

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Finance Basics: After-tax cash flow from sale of machinery
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