Question
Question 5 Carla Vista Potions, Inc., a pharmaceutical company, bought a machine at a cost of $3 million five years ago that produces pain-reliever medicine.
Question 5
| Carla Vista Potions, Inc., a pharmaceutical company, bought a machine at a cost of $3 million five years ago that produces pain-reliever medicine. The machine has been depreciated over the past five years, and the current book value is $784,000. The company decides to sell the machine now at its market price of $982,000. The marginal tax rate is 40 percent. What is the after-tax salvage value of this machine?
| |
| A) | $902,800 |
| B) | $689,412 |
| C) | $784,265 |
| D) | $858,800 |
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Forex Analysis And Strategies For Day Traders Profitable Investing With Currency Swaps Hedges And Scalps For Both Beginning And Advanced Traders
Authors: Steve Alkandros
1st Edition
1545117039, 978-1545117033
