A company purchased a bulldozer for $250,000, 3 years ago. The bulldozer is depreciated using a straight line
depreciation method to a useful life of 10 years with an assumed salvage value of $50,000. The company now
wants renew the bulldozer early and will sell the current bulldozer for $200,000. What would be the after tax net
cash flow from selling the old bulldozer? Assume that the marginal tax rate of this company is 21 %.
$200,000 |
|
$197,900 |
|
$158,000 |
|
$194,750 |
A company purchased a bulldozer for $250,000, 3 years ago. The bulldozer is depreciated using a...
both questions please and thank you
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