A fixed asset costs 448 and is depreciated straight-line to, Financial Management

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A fixed asset costs 448 and is depreciated straight-line to

A fixed asset costs $448 and is depreciated straight-line to zero over its 8-year tax life. The asset will be used in a 5-year project and have a salvage value of $115 when sold at the end of the project. The tax rate is 35%. Find the cash flow from the sale of the asset.

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Financial Management: A fixed asset costs 448 and is depreciated straight-line to

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Financial Management: A fixed asset costs 448 and is depreciated straight-line to

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