The relevant tax rate is 30 percent what is the after tax, Finance Basics

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The relevant tax rate is 30 percent what is the after tax

Consider an asset that costs $176,000 and is depreciated straight-line to zero over its 11-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 $22,000. The relevant tax rate is 30 percent. What is the after tax cash flow from the sale of this asset?

$34,100
$33,300
$32,600
$31,800
$34,600

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Finance Basics: The relevant tax rate is 30 percent what is the after tax

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The relevant tax rate is 30 percent what is the after tax

Reference No:- TGS0600046

Recent Questions Asked Finance Basics

Q : The us treasury bill is yielding 28 percent and the return

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