The Silver Shades Corporation sells a capital asset with an original cost of $115 000 and accumulated depreciation of $62 500 for a salvage price of $18 000.Silver Shades's tax rate is 30%.Calculate the after-tax cash inflow from the disposal of the capital asset.
A) $18 000
B) $1035
C) $19 035
D) $28 350
Correct Answer:
Verified
Q105: Post-investment audits are held because:
A)they are a
Q106: Which of the following statements concerning depreciation
Q107: There no after-tax consequences in capital budgeting
Q108: The Launceston Corporation has an annual cash
Q109: A manager who uses discounted cash flow
Q112: There is an inconsistency in using the
Q113: All of the following are major categories
Q114: The Alpha Beta Corporation sells a capital
Q115: What are the four alternative methods for
Q115: Bock Construction Company is considering four
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents