Consider an asset that costs 640000 and is depreciated, Financial Management

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Consider an asset that costs 640000 and is depreciated

Consider an asset that costs 640,000 and is depreciated straights-line to zero over its eight year tax life. the asset is to be used in a five year project; at the end of the project that asset can be sold for 175,000. If the relevant tax rate is 35%, what is the after tax cash flow from the sale of this asset?

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Financial Management: Consider an asset that costs 640000 and is depreciated

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