consider an asset the costs 150000 and is deprciated straight line to zero over its...
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Accounting
consider an asset the costs 150000 and is deprciated straight line to zero over its 10 year tax life. The asset is to be used ina 7 year project; at the end of the project the asset can be sold for 20000. The relevant tax rate is 30%. What is the after tax cash flow from the sale of this asset?
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