Question
Godfathers Pizza has an oven that has one year of life remaining. It originally cost $3,000, of which 80% has been depreciated. CEO Herman Cain
Godfathers Pizza has an oven that has one year of life remaining. It originally cost $3,000, of which 80% has been depreciated. CEO Herman Cain can sell the used equipment right now to Dominos for $1,265. Godfathers has a tax rate of 40%. What is the ovens after-tax net salvage value (a.k.a. after-tax cash flow)?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
