Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. consider an asset that costs $448,800 and is depre

Consider an asset that costs $448,800 and is depreciated straight-line to zero over its 9-year...

90.2K

Verified Solution

Question

Finance

Consider an asset that costs $448,800 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 6-year project; at the end of the project, the asset can be sold for $56,100. Required: If the relevant tax rate is 33 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) rev: 09_18_2012

$82,607.25

$91,302.75

$86,955.00

$518,937.00

$37,587.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a particle moves aling a straight line and its position at time t is given by s(t)=...

Basic Math
Q

Determine the pH of a 0.500 M HNO2 solution. Ka of HNO2 is 4.6 * 10-4. 1.82 1.67 2.67 0.30

Chemistry
Q

1.what are the morphologies, physiology, virulence factors and diseases caused by Group A Streptococci, and What...

Biology
Q

If an individual had a bone marrow cancer and there was a large increase of red...

Medical Sciences
Q

Psychologists like B. F. Skinner have studied how we can use operant conditioning to change the...

Psychology
Q

1. Use the procedures developed in this chapter to find the general solution of the differential...

Advance Math
Q

7 Two iron nails 5 0 g and 2 0 g have the same temperature...

Physics
Q

3 3477 ded values for each 10 12 30035 Di 8 2 1 R S...

Algebra
Q

What is the product's CM ratio? Klein Company distributes a high-quality bird feeder...

Accounting
Q

When budget goals are set too tight, the budget becomes less effective as...

Accounting
Q

2) Why or why not will the technology you are suggesting integrate well with the...

Accounting
Q

Problem 1: The market price is 900$ a 10 year bond (1000 $ par value)...

Finance