What is the equipments after-tax salvage value round your, Finance Basics

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What is the equipments after-tax salvage value round your

Kennedy Air Services is now in the final year of a project. The equipment originally cost $15 million, of which 70% has been depreciated. Kennedy can sell the used equipment today for $3.75 million, and its tax rate is 35%. What is the equipment's after-tax salvage value? Round your answer to the nearest cent.

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Finance Basics: What is the equipments after-tax salvage value round your

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Finance Basics: What is the equipments after-tax salvage value round your

Reference No:- TGS0611905

Recent Questions Asked Finance Basics

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