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You are asked by your boss to compute the net salvage value of a recent project. You tell your boss you need values for five

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You are asked by your boss to compute the net salvage value of a recent project. You tell your boss you need values for five variables and he supplies the information you need. The variables and values are: cash received on sale of old equipment (S) = $20,000; tax rate (T) = 0.4: book value of old equipment (B) - $10,000; before-tax cleanup and removal expenses (REX) = $15,000; and release of net working (AW) = $5.000. What is the net salvage value? Please click on the following link to access a blank Excel-type worksheet: Blank XLS Worksheet.xls Click to open: 0 $10,000 $12,000 O $11,000 O $13,000

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