If the relevant tax rate is 33 percent what is the aftertax


Consider an asset that costs $272,800 and is depreciated straight-line to zero over its 14-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $34,100.

 Required: If the relevant tax rate is 33 percent, what is the aftertax cash flow from the sale of this asset?

Solution Preview :

Prepared by a verified Expert
Finance Basics: If the relevant tax rate is 33 percent what is the aftertax
Reference No:- TGS02274134

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)