Suppose Hampton Corporation sells land for $8,000,000. Hampton paid $5,000,000 for the land several years ago.

/in /by

Suppose Hampton Corporation sells land for $8,000,000. Hampton paid $5,000,000 for the land several years ago. Assuming a marginal tax rate of 34%, calculate the after-tax cash flow resulting from the land sale.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now