1 answer

Suppose you sell a fixed asset for $52,403 when its book value is $32,092. If your...

Question:

Suppose you sell a fixed asset for $52,403 when its book value is $32,092. If your companys marginal tax rate is 25 percent,
Suppose you sell a fixed asset for $52,403 when its book value is $32,092. If your company's marginal tax rate is 25 percent, what will be the after-tax cash flow of this sale? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR (example: 18630)

Answers

Tax rate 25%
Calculation of after-tax salvage value
WDV Cost less accumulated depreciation 32092
Sale price 52403
Profit/(Loss) Sale price less WDV 20311
Tax Profit/(Loss)*tax rate 5078
Sale price after-tax Sale price less tax 47325
.

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