Determine after-tax cash flow from sale of machinery


Your firm bought machinery with a 7-year MACRS life for $10 million. Project, though, will end after 5 year. If equipment can be sold for $4.5 million at completion of project, and the firm's tax rate is 35 percent, determine the after-tax cash flow from sale of machinery?

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Business Management: Determine after-tax cash flow from sale of machinery
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