The company purchased some $39,000 of fixed assets two years ago that are classified as 5-year MACRS property. The MACRS
Posted: Sun Jun 05, 2022 10:37 am
The company purchased some $39,000 of fixed assets two years ago
that are classified as 5-year MACRS property. The MACRS rates are
20%, 32%, 19.2%, 11.52%, 11.52%, and 5.76% for years 1-6,
respectively. The tax rate is 34%. If the assets are sold today for
$19,000, what will be the after-tax cash flow from the sales?
that are classified as 5-year MACRS property. The MACRS rates are
20%, 32%, 19.2%, 11.52%, 11.52%, and 5.76% for years 1-6,
respectively. The tax rate is 34%. If the assets are sold today for
$19,000, what will be the after-tax cash flow from the sales?