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The total investment in capital equipment is $750,000. By the end of the project planning period, that investment will be fully depreciated. Company analysts believe
The total investment in capital equipment is $750,000. By the end of the project planning period, that investment will be fully depreciated. Company analysts believe the equipment has a salvage value (selling price) of $600,000. If the relevant tax rate for the firm is 29.0%, what is cash flow from salvage? O $576,000 O $600,000 O $750,000 0 $426,000
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