Question
Capital budgeting analysis: An asset is sold for a $10,000 market salvage value and the asset has a book value of $4,000 at the time
Capital budgeting analysis: An asset is sold for a $10,000 market salvage value and the asset has a book value of $4,000 at the time of the sale. The firm's marginal tax rate is 40%. What is the after tax salvage value of the asset?
| 4,000 | ||
| 6,000 | ||
| 7,600 | ||
| 10,000 | ||
| none of the above |
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Banking Secrecy And Global Finance
Authors: Donato Masciandaro, Olga Balakina
1st Edition
1137400099, 978-1137400093
