Consider an asset that costs $670,000 and is depreciated straight-line to zero over its eight-year tax life. The asset is to be used in a five-year project; at the end of the project, the asset can be sold for $95,000. If the relevant tax rate is 35 percent, the aftertax cash flow from the sale of...

Who are the internal and external users of a company's financial statements? For what purposes do they use this information?