Assume you bought an asset for 5000 it was sold for 3000 at


Assume you bought an asset for $5,000. It was sold for $3,000 at the end of its second year of operation. If it is depreciated according to 3 year MACRS, what is the after-tax cash flow associated with this sale? Assume your tax rate is 20%.

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Financial Management: Assume you bought an asset for 5000 it was sold for 3000 at
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