Find the after-tax cash flow from the sale of equipment

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Question: Your firm purchased machinery for $10 million 3 years ago. It has been depreciated straight-line over an assumed 5 year life, but it can now be sold for $5 million. The firm's tax rate is 35%. What is the after-tax cash flow from the sale of the equipment? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131975558

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