Problem 9.06 – After-Tax Cash Flow Calculation for Sale of Depreciated Asset
Essentials of Corporate Finance
Ross, Westerfield, and Jordan
10th Edition and 11th Edition
Calculate the after-tax cash flow from the sale of a depreciated asset that is used in a project lasting less than its full tax life, considering its initial cost, straight-line depreciation to zero over its tax life, and a projected sale price at the end of the project. Use the relevant tax rate and round your answer to the nearest whole number.
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