Find the aftertax cash flow from the sale of the asset

Reference no: EM131960685

Question: Consider an asset that costs $519,200 and is depreciated straight-line to zero over its 11-year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $64,900. Required : If the relevant tax rate is 30 percent, what is the aftertax cash flow from the sale of this asset?

Reference no: EM131960685

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