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anymous anymous
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11 months ago
Bing Services is now in the final year of a project. The equipment originally cost $30,000. The existing UCC is $6,000. Bing can sell the used equipment today for $7,500, and its tax rate is 40%. What is the equipment’s net after-tax salvage value for use in a capital budgeting analysis? Note that the recapture is fully taxable.


▸

$5,320



▸

$5,800



▸

$6,640



▸

$6,900

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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kady_kelsey2kady_kelsey2
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11 months ago
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anymous Author
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This calls for a celebration Person Raising Both Hands in Celebration
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Helped a lot
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