A machine costing 40000 with a life of 5 years was


A machine costing $40,000 with a life of 5 years was purchased 3 years ago. Tax rate is 35% and discount rate 12%. if the machine is sold for $12,000 what is the after tax salvage value?

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Financial Management: A machine costing 40000 with a life of 5 years was
Reference No:- TGS01405847

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