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Assume the $175,000 piece of equipment you purchased can be sold in five years for $35,000. You will have depreciated the equipment to a book
Assume the $175,000 piece of equipment you purchased can be sold in five years for $35,000. You will have depreciated the equipment to a book value of zero, so if you sell it for $35,000 you have a tax gain. If your marginal tax rate is 25%, what is the terminal value associated with the disposal of the piece of equipment?
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he terminal value associated with the disposal of the equipment considers both the ...
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
