Business, 20.12.2019 22:31 sierracupcake0220
Xyz corporation is contemplating the replacement of an existing asset used in the operation of its business.
the original cost of this asset was $28,000; since date of acquisition, the company has taken a total of $20,000 of depreciation expense on this asset.
the current disposal (market) value of this asset is estimated as $18,000. xyz is subject to a combined income tax rate, t, of 34%.
what is the projected after-tax cash flow associated with the sale of the existing asset, rounded to nearest hundred dollars?
Answers: 3
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Xyz corporation is contemplating the replacement of an existing asset used in the operation of its b...
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