Corporate FInace Assignment/ Professional Essay Writers
May 15th, 2020
x Corp. wants to buy a machine that can be used in a 10-year project. The machine costs $1,000,000; has a tax life of 10 years, and is depreciated using the straight-line method. The machine can be sold at the end of 10 years for $400,000. If the marginal tax rate is 20 percent, what is the after-tax cash flow from the sale of this asset (termination value of the machine)? Get Finance Help Today
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