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What is the firm after-tax cash flow

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Question - A firm sells an old piece of machinery for $1,255,980 4 years after purchasing it. This equipment cost $1,573,000 when it was purchased and was being depreciated to zero over its anticipated useful life time of 13 years. If the firm's tax rate is 34%, what is the firm's after-tax cash flow? You may assume that the firm is earning sufficient positive pre-tax income through its remaining operations.

Reference no: EM132956157

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