Determine after tax cash flow from the sale


Consider an asset that costs $237,600 and is depreciated straight-line to zero over its 6-year tax life. The asset is to be used in a 2-year project; at the end of the project, the asset can be sold for $29,700. If the relevant tax rate is 31 percent, the aftertax cash flow from the sale of this asset is $ ????

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Determine after tax cash flow from the sale
Reference No:- TGS028792

Expected delivery within 24 Hours