Consider an asset that costs 721000 and is depreciated, Ask an Expert

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Consider an asset that costs $721000 and is depreciated straight-line to 54000 over its 14-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $246000. If the relevant tax rate is 0.30, what is the aftertax cash flow from the sale of this asset (SVNOT)?

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Financial Management, Finance

Category:- Financial Management
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