What is the after-tax cash flow from a sale of the following asset? Asset cost: $311,000...
What is the after-tax cash flow from a sale of the following asset? Asset cost: $311,000 Depreciation: straight line to zero Asset useful life: 6 years Asset to be used in a four-year project Asset to be sold at the end of the project for $58,000 Tax rate: 34%
$73,526.67
$68,411.19
$70,103.33
$40,466.67
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What is the after-tax cash flow from a sale of the following
asset? Asset cost: $311,000...
Consider an asset that costs $710,000 and is depreciated straight-line to zero over its nine-year tax...
Consider an asset that costs $710,000 and is depreciated straight-line to zero over its nine-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 $155,000. If the relevant tax rate is 25 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) Aftertax salvage value nices 1 3 4 5 6 7 Consider an asset that costs...
Consider an asset that costs $705,000 and is depreciated straight-line to zero over its 9-year tax life. The asset is to...
Consider an asset that costs $705,000 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 $189,000. If the relevant tax rate is 24 percent, what is the aftertax cash flow from the sale of this asset?
Consider an asset that costs $237,600 and is depreciated straight-line to zero over its 11-year tax...
Consider an asset that costs $237,600 and is depreciated straight-line to zero over its 11-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 $29,700. 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.) $19,602.00 $46,529.10 $362,946.00 $48,978.00 $51,426.90
Consider an asset that costs $237,600 and is depreciated straight-line to zero over its 12-year tax...
Consider an asset that costs $237,600 and is depreciated straight-line to zero over its 12-year tax life. The asset is to be used in a 8-year project; at the end of the project, the asset can be sold for $29,700. 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.) Options: $19,602.00 $362,946.00 $46,530.00 $44,203.50 $48,856.50
Consider an asset that costs $519,200 and is depreciated straight-line to zero over its 7-year tax...
Consider an asset that costs $519,200 and is depreciated straight-line to zero over its 7-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 $64,900. 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.) A. $150,892.50 B. $143,707.14 C. $136,521.78 D. $42,834.00 E. $793,090.00
Sale of Plant Asset Raine Company has a machine that originally cost $58,000. Depreciation has been...
Sale of Plant Asset Raine Company has a machine that originally cost $58,000. Depreciation has been recorded for four years using the straight- line method, with a $5,000 estimated salvage value at the end of an expected ten-year life. After recording depreciation at the end of four years, Raine sells the machine Determine the gain or loss in each scenario if the machine sold for: Scenario Gain, Loss, or Neither Amount a $37.000 cash b. $36,800 cash C. $28,000 cash
Consider an asset that costs $725,000 and is depreciated straight-line to zero over its nine-year tax...
Consider an asset that costs $725,000 and is depreciated straight-line to zero over its nine-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 $161,000. If the relevant tax rate is 23 percent, what is the aftertax cash flow from the sale of this asset?
Consider an asset that costs $635,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $635,000 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 $105,000. If the relevant tax rate is 22 percent, what is the aftertax cash flow from the sale of this asset?
Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 8-year tax...
Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 8-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 $31,900. Required : If the relevant tax rate is 32 percent, what is the aftertax cash flow from the sale of this asset?
Consider an asset that costs $660,000 and is depreciated straight-line to zero over its eight-year tax...
Consider an asset that costs $660,000 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 $135,000. If the relevant tax rate is 25 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) My Work: 1. depreciation expense per year: 660,000/8 = $82,500 2. value after 5 years:...
Consider an asset that costs $710,000 and is depreciated straight-line to zero over its nine-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 $155,000. If the relevant tax rate is 25 percent, what is the aftertax cash flow from the sale of this asset? (Do not round intermediate calculations.) Aftertax salvage value nices 1 3 4 5 6 7 Consider an asset that costs...
Sale of Plant Asset Raine Company has a machine that originally cost $58,000. Depreciation has been recorded for four years using the straight- line method, with a $5,000 estimated salvage value at the end of an expected ten-year life. After recording depreciation at the end of four years, Raine sells the machine Determine the gain or loss in each scenario if the machine sold for: Scenario Gain, Loss, or Neither Amount a $37.000 cash b. $36,800 cash C. $28,000 cash
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