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Capital budgeting analysis: An asset is sold for a $34,815 market salvage value and the asset has a book value of $14,240 at the time
Capital budgeting analysis: An asset is sold for a $34,815 market salvage value and the asset has a book value of $14,240 at the time of the sale. The firm's marginal tax rate is 40%. What is the after tax salvage value of the asset? Answer to the nearest dollar.
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