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Consider an asset that costs $196,000 and is depreciated straight-line to 10,000 salvage value over its...

Consider an asset that costs $196,000 and is depreciated straight-line to 10,000 salvage value over its 12-year tax life. The asset is to be used in 8-year project; at the end of the project, the asset can be sold for $47,000. The relevant tax rate is 35 percent. What is the after-tax cash flow from the sale of this asset?        

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jeff jeffy answered 1 year ago
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