Determining the equipments after-tax net salvage value


Kennedy Air Services is now in the final year of a project. The equipment originally cost $17 million, of which 79% is depreciated. Kennedy can sell the used equipment today for 3.4 million and tis tax rate is 35%. What is the equipments after-tax net salvage value?

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Finance Basics: Determining the equipments after-tax net salvage value
Reference No:- TGS053873

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