What is the after-tax cash flow from the sale of this asset

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Question - Consider an asset that costs R548,000 and is depreciated using 20 per cent reducing-balance. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for R105,000. If the relevant tax rate is 35 per cent, what is the after-tax cash flow from the sale of this asset?

Reference no: EM132524232

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