Check My Work a remaining Net Salvage Value that is being re

Check My Work (a remaining) Net Salvage Value that is being replaced. The equipment originally cost $24 milion, of which 85% has been deprecated. The used equpment can be sold today for $6 million, and its tax rate is 30%. what is the equipments after-tax net salvage value? Write out your answer completely Fr exam ple 2 milion should be entered as 2,000,000.

Calculation of after tax net salvage value

After tax net salvage value= Sale price of used equipment - Tax rate
=6 million - 30%
=$42,00,000

Check My Work (a remaining) Net Salvage Value that is being replaced. The equipment originally cost $24 milion, of which 85% has been deprecated. The used equp

Check My Work a remaining Net Salvage Value that is being re

Solution

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