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borteleto borteleto
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Posts: 2477
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5 years ago
Waterford Industries is considering the purchase of a new machine. It will replace an existing but obsolete machine that will be sold for $50,000. The existing machine is 8 years old, cost $200,000, had a 10-year useful life, and is being depreciated to zero using the straight-line method. Waterford's income tax rate is 35%. What is the after-tax salvage value of the old machine?
A) $42,000
B) $46,500
C) $50,000
D) $53,500
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DeanaRayDeanaRay
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#1
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5 years ago
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borteleto Author
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#2
5 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
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#3
5 years ago
That helps more than you thinks, thanks for being so thoughtful
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#4
3 years ago
Thank you a lot !
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#5
3 years ago
thx
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#6
3 years ago Edited: 3 years ago, Azad Sykes
.
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#7
3 years ago
good
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#8
3 years ago
Thank you.
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#9
3 years ago
That helps more than you thinks, thanks for being so thoughtful
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