Question

Consider an asset that costs $360,800 and is depreciated straight-line to zero over its 8-year tax...

Consider an asset that costs $360,800 and is depreciated straight-line to zero over its 8-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 $45,100.
Required :

If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)

$123,123.00

$117,260.00

$752,280.00

$111,397.00

$30,668.00

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Consider an asset that costs $220,000 and is depreciated straight-line to zero over its 5-year tax...
Consider an asset that costs $220,000 and is depreciated straight-line to zero over its 5-year tax life. The asset is to be used in a 3-year project; at the end of the project, the asset can be sold for $27,500. Required : If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)
Consider an asset that costs $712,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $712,000 and is depreciated straight-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, the asset can be sold for $184,000. If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) Aftertax salvage value $
Consider an asset that costs $690,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $690,000 and is depreciated straight-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, the asset can be sold for $147,000. If the relevant tax rate is 21 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) Aftertax salvage value?
Consider an asset that costs $193,600 and is depreciated straight-line to zero over its 9-year tax...
Consider an asset that costs $193,600 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 5-year project; at the end of the project, the asset can be sold for $24,200. Required : If the relevant tax rate is 34 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.)
Consider an asset that costs $705,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $705,000 and is depreciated straight-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, the asset can be sold for $153,000. If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) After tax salvage value ?
Consider an asset that costs $519,200 and is depreciated straight-line to zero over its 13-year tax...
Consider an asset that costs $519,200 and is depreciated straight-line to zero over its 13-year tax life. The asset is to be used in a 7-year project; at the end of the project, the asset can be sold for $64,900. Required : If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) a. $120,813.85 b. $44,132.00 c. $126,854.54 d. $1,082,544.00 e. $114,773.16
Consider an asset that costs $316,800 and is depreciated straight-line to zero over its 12-year tax...
Consider an asset that costs $316,800 and is depreciated straight-line to zero over its 12-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 $39,600. Required : If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) A) $26,928.00 B) $660,540.00 C) $81,496.80 D) $73,735.20 E) $77,616.00
Consider an asset that costs $193,600 and is depreciated straight-line to zero over its 11-year tax...
Consider an asset that costs $193,600 and is depreciated straight-line to zero over its 11-year tax life. The asset is to be used in a 4-year project; at the end of the project, the asset can be sold for $24,200. Required : If the relevant tax rate is 34 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) $57,860.00 $60,753.00 $15,972.00 $54,967.00 $493,208.00
Consider an asset that costs $584,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $584,000 and is depreciated straight-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, the asset can be sold for $182,000. If the relevant tax rate is 21 percent, what is the aftertax cash flow from the sale of this asset?  (Do not round intermediate calculations.) Multiple Choice $168,852 $219,000 $182,000 $173,970 $189,770
Consider an asset that costs $501,600 and is depreciated straight-line to zero over its 9-year tax...
Consider an asset that costs $501,600 and is depreciated straight-line to zero over its 9-year tax life. The asset is to be used in a 3-year project; at the end of the project, the asset can be sold for $62,700.    Required : If the relevant tax rate is 35 percent, what is the aftertax cash flow from the sale of this asset? (Do not round your intermediate calculations.) $157,795.00 $165,684.75 $149,905.25 $40,755.00 $1,138,017.00
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT