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QUESTION 29 Kasper Film Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The

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QUESTION 29 Kasper Film Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally cost $22,500, of which 75% has been depreciated. The firm can sell the used equipment today for $6,600, and its tax rate is 40%. What is the equipment's after-tax salvage value for use in a capital budgeting analysis? Note that if the equipment's final market value is less than its book value, the firm will receive a tax credit as a result of the sale. 55,558 O $5,850 $6,210 $6,450 $6,772 QUESTION 30 of the ratios listed below, the ratio that is the best measure of a firm's overall liquidity when inventory cannot be easily converted into cash is the current ratio. the quick ratio. the debt-to-equity ratio. the inventory turnover ratio

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