GB 519 RANK Career Path Begins/gb519rank.com GB 519 RANK Career Path Begins/gb519rank.com | Page 48

40% tax bracket. The net book value (NBV) of the investment at
the beginning of each year will be as follows:
Year 1 = $30,000
Year 2 = 15,000
Year 3 = 7,500
Year 4 = 3,750
The amount of after-tax cash inflow from the asset in Year 3 is:
Student Answer:
$6,600.
$7,500.
$8,100.
$9,000.
$9,750.
-----------------------------------------------------------------------------GB 519 Unit 5 Assignment (14-40, 15-53)

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Unit 5 Assignment