What is the aftertax cash flow from the sale of this


Consider an asset that costs $810,000 and is depreciated straight-line to zero over its nine-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 $185,000. 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.)

Aftertax salvage value $

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the aftertax cash flow from the sale of this
Reference No:- TGS02340773

Expected delivery within 24 Hours