A fixed asset costs $800. The asset's depreciation will be $114 for year 1 and...
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Finance
A fixed asset costs $800. The asset's depreciation will be $114 for year 1 and $196 for year 2. Find the book value of the asset at the end of year 2. O a. $663 O b. $490 O c. $575 O d. $423 O e. $529 A fixed asset used in a project will have a book value of $210 at the end of the project. The tax rate is 30%. Find the cash flow from the sale of the asset if the asset is sold for $280 at the end of the project. O a. $194 O b. $259 O c. $173 O d. $215 O e. $242
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