Accountancy, asked by divyabuddha1995, 11 hours ago

A machinery was brought in the years 2017 for $100,000. The life of the machinery is 10 years. The method of depreciation used was straight line to zero. Due to obsolescence, company wants to dispose the asset in the year 2020 and fetch the disposable value of $50,000. If the rate of tax is 30%, the net cash flow from salvage would be answer

Answers

Answered by Anonymous

0

Answer:

$150000 is the answer in hope it's usefull

Answered by marometariq800

0

Answer:

The net cash flow from salvage would be -$35000

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