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The firm can sell the used equipment today for 6000 and its

LucasArts Film Co. is selling off some old equipment it no longer needs because its associated project has come to an end. The equipment originally cost $22,452, of which 75% has been depreciated. The firm can sell the used equipment today for $6,000, and its tax rate is 40%. What is the equipment's after-tax salvage value for use in a capital budgeting analysis?

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Finance Basics: The firm can sell the used equipment today for 6000 and its

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