Find what is the after-tax cash flow from the sale

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Question 1: Winslow is considering the purchase of a €225,000 piece of equipment. The equipment will be depreciated using 20% reducing balances. The company expects to sell the equipment after four years at a price of €50,000. What is the after-tax cash flow from this sale if the tax rate is 35%?

Reference no: EM132595766

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