Calculating equipment net after-tax salvage value


Bing Services is now in the final year of a project. The equipment originally cost $20,000, of which 75% has been depreciated. Bing can sell the used equipment today for $6,000, and its tax rate is 40%. What is the equipment's net after-tax salvage value for use in a capital budgeting analysis?

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Finance Basics: Calculating equipment net after-tax salvage value
Reference No:- TGS054647

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