Today gomi waste disposal purchased a piece of equipment, Ask an Expert

Finance

Today, Gomi Waste Disposal purchased a piece of equipment for 226,000 dollars that will be de dollars over 6 years using straight-line depreciation.

What would the after-tax cash flow be from the equipment is sold in 8 years for 109,000 dollars and the tax rate is 25 percent?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92868092

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