Question
Company purchased some machinery 2 years ago. These machines are being sold for $160,000 now. The book value is $157,000 right now. What is the
Company purchased some machinery 2 years ago. These machines are being sold for $160,000 now. The book value is $157,000 right now. What is the after-tax salvage value from this sale if the tax rate is 35 percent?
| $158,950 | ||
| $158,050 | ||
| $182,064 | ||
| $157,200 | ||
| $162,400 |
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
